What is Evolve Additive Solutions?
Evolve Additive Solutions, founded in 2017 and headquartered in Minnetonka, Minnesota, is a technology platform company focused on delivering manufacturing and supply chain solutions through advanced additive manufacturing capabilities. The company aims to bridge the gap between traditional manufacturing and the growing demand for agile, on-demand production. Its technology platform is designed to enable scalable, high-volume production of complex parts, positioning Evolve Additive Solutions as a key player in the industrial 3D printing market.
How much funding has Evolve Additive Solutions raised?
Evolve Additive Solutions has raised a total of $50.2M across 4 funding rounds:
Other Financing Round
$19M
Debt
$350K
Debt
$829K
Private Equity
$30M
Other Financing Round (2018): $19M with participation from LEGO Brand Group
Debt (2020): $350K led by PPP
Debt (2021): $829K supported by PPP
Private Equity (2021): $30M featuring 3D Ventures
Key Investors in Evolve Additive Solutions
3D Ventures
3D Ventures is a blend of function and efficiency with distinctive elementary forms, spaces and amenities designed to respond to the client's needs and the building's users. Hospitality - interior design solutions for hotels, resorts and restaurants.
LEGO Brand Group
LEGO, founded in 1932 and headquartered in Billund, Denmark, engages in the development, production, marketing, and sale of play materials. The company provides toys and teaching materials for children in approximately 130 countries.
PPP
Public-Private Partnership
What's next for Evolve Additive Solutions?
With the recent influx of major strategic investment, Evolve Additive Solutions is poised for significant operational scaling and technological advancement. The company is likely to focus on expanding its production capacity, enhancing its proprietary technology, and broadening its market reach. This enterprise-level backing suggests a strategic push towards commercialization and capturing a larger share of the industrial additive manufacturing market, potentially through new partnerships and product development initiatives.
See full Evolve Additive Solutions company page
