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$50M to Boost Fabric8Labs’ Electrochemical AM Capacity in the U.S.

Source

3DPrint.com

Published

TL;DR

AI Generated

Fabric8Labs, a California-based startup, has secured $50 million in funding to expand its electrochemical additive manufacturing (AM) capacity in the U.S. The company specializes in a unique metal 3D printing technology that uses an electrochemical process to build metal parts layer by layer. This investment will help Fabric8Labs scale up its production capabilities and meet the growing demand for its innovative AM solutions. The funding round was led by Intel Capital, Lam Capital, TDK Ventures, and SE Ventures, among others, highlighting the industry's confidence in Fabric8Labs' technology and potential for growth.