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Seurat Technologies

Additive Manufacturing
Product stageSegments
Early
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On-demand manufacturing
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Seurat Technologies offers a metal additive manufacturing (AM) solution known as “Area Printing,” focusing on automotive, aerospace, energy, and consumer electronics industries. This technology splits a single laser beam into as many as 2.3 million beams to weld metal powder. Each laser beam picks a spot to weld, making parallel production possible. The company claims its tech increases production rates by 10x relative to incumbent solutions in the market. Seurat does not sell 3D printers and operates through the Area Printing Production (APP) program, which prints qualified parts at the company’s localized production centers or partner centers closer to the customer. The first print depot was planned to be established at Seurat Technologies’ global headquarters in Wilmington, Massachusetts, with plans to establish more. The company aims to reduce the environmental impact of manufacturing by using green energy in its factories.

Key customers and partnerships

As of October 2023, the company had six letters of intent (LOIs) totaling 4,000 tons of material. 

In May 2023, Seurat Technologies, partnered with Siemens Energy to 3D print 59 tons of metal components for its turbines.

Funding and financials

In October 2023, Seurat Technologies raised USD 99 million in a series C round led by Capricorn Investment Group. The funds were expected to be used to scale up production capabilities and deploy printing factories near customer sites worldwide, reducing emissions from transportation and logistics while reshoring supply chains.

Additive Manufacturing

Additive Manufacturing

Key stats
Featured companies
125
Total funding (USD)
6.0 Bn
Total addressable market (USD)
59.5 Bn
Key competitors
 
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Company profile
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EDGE Insights

Advanced Manufacturing (Q4 2023): Additive Manufacturing partnerships and product updates drive activity

Recent Updates

Funding
Oct 30, 2023
Seurat Technologies raises USD 99 million in Series C funding
Additive Manufacturing
Partnerships
Geographic expansion
May 2, 2023
Seurat Technologies partners with Siemens Energy to 3D print 59 tons of metal parts
Additive Manufacturing
Geographic expansion
Oct 6, 2022
Seurat Technologies announces plans to expand production capacity
Additive Manufacturing

Company Brief


HQ location:
265 Ballardvale st Wilmington MA USA
Founded year:
2015
Employees:
101-250
Total Funding:
USD 178.4 million
Last Funding
USD 99.0 million, Oct 2023

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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