Carbon

Overview
Activities
News
Additive Manufacturing?
Product stageSegments
Growth
?
3D printers, AM Software
?

Carbon sells 3D printers along with related software and material for additive manufacturing to allow mass customization and on-demand inventory management. With a range of patented engineering and dental resins, Carbon targets automotive, consumer goods, dental (healthcare), and other industrial use cases. Carbon’s product portfolio includes several types of 3D printers named M1, M2, and M3 (an advanced end-to-end idea-to-production platform introduced in January 2022) as well as L1 and a parts washer. Carbon’s materials portfolio includes rigid, elastomeric, and dental materials. Carbon’s design software platform was launched targeting product designers globally in 2022. It offers regular software updates to its printers to continuously improve the processes and the outcome. With the acquisition of design software company ParaMatters in August 2022, Carbon expanded its software capabilities to include topology optimization capabilities, allowing users to speed up the design iteration process and create complex, high-performance part designs.

The company also offers print analytics solutions, allowing real-time review of production data and part traceability from design to print stage. Adding to its proprietary pool of materials, in February 2022, Carbon introduced a flame retardant photopolymer resin that ensures durability and the long-term stability of printed parts.

Carbon uses patented Digital Light Synthesis (DLS) technology that uses digital light projection and engineering-grade materials to develop parts with mechanical properties and a surface finish. DLS is driven by Carbon’s Continuous Liquid Interface Production (CLIP) technology, which uses ultraviolet (UV) light to cure liquid plastic resin into solid parts. Unlike traditional resin-based 3D printing (which reportedly makes weak parts), Carbon’s printed parts are baked in an oven, exposing the parts to a second heat-activated programmable procedure for improved strength. 

Key customers and partnerships

Carbon had a presence in 17 countries as of January 2024, with plans to expand to other international markets in the future. The company also operates through a network of design firms and contract manufacturers that specialize in Carbon’s technologies. Carbon connects customers with these partners if they have a prototype that needs to be made.

Carbon has entered several partnerships with other AM companies including Desktop Metal to bring its Flexcera resins to the Carbon Digital Manufacturing Platform (July 2023), Henkel to combine materials and printing expertise (October 2020), and Shapeways to offer access to Carbon’s 3D printing technology and materials (March 2019).

Funding and financials

In June 2019, Carbon raised USD 260 million co-led by Madrone Capital Partners and Baillie Gifford, bringing the company’s total funding to USD 683.4 million. Carbon planned to use this capital to expand R&D, establish its first advanced development facility (ADF), and support international growth in Europe and Asia.

HQ location:
1089 Mills Way Redwood City CA USA
Founded year:
2013
Employees:
251-500
IPO status:
Private
Total funding:
USD 683.4 mn
Last Funding:
USD 1.4 mn (Series Unknown; Dec 2021)
Last valuation:
USD 2.4 bn (Jun 2019)
Key competitors
 
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