Autodesk Backs Carbon3D With $10 Million From Spark Investment Fund
April 09 2015 - 8:00AM
Business Wire
Investment highlights Autodesk’s dedication to innovation in 3D
printing
Autodesk, Inc. (NASDAQ: ADSK) today announced its $10 million
investment in Carbon3D from the Spark Investment Fund. Carbon3D’s
innovative Continuous Liquid Interface Production technology (CLIP)
addresses the current speed, mechanical properties and material
choice limitations of the 3D printing industry, and promises to
connect the digital thread from design through prototyping to 3D
manufacturing by enabling the production of commercial quality
parts.
In late 2014, Autodesk launched the Spark Investment Fund with
the aim of investing up to $100 million in entrepreneurs,
innovators and startups who push the boundaries of 3D printing. The
Spark Investment Fund is the first venture fund exclusively
dedicated to driving the overall growth of the 3D printing
ecosystem.
“We started the Spark Investment Fund to help drive the 3D
printing industry forward,” said Carl Bass, Autodesk president and
CEO. “Carbon3D embodies the innovation that’s required to change
how products are made. The incredible speed of its CLIP technology
makes 3D printing accessible for true manufacturing, beyond the
prototyping and the one-offs we see it being used for now."
Current layer-by-layer 3D printing technology is slow and often
produces parts that are mechanically weak due to their shale-like
layers. Using a tunable photochemical process instead of the
traditional mechanical approach, Carbon3D’s CLIP technology
eliminates these shortcomings to rapidly transform 3D models into
physical objects. By carefully balancing the interaction of UV
light, which triggers photo polymerization, and oxygen, which
inhibits the reaction, CLIP continuously grows molecularly solid
objects from a pool of resin at speeds of up to 100 times faster
than conventional 3D printing technology.
“By working at the intersection of hardware, software and
molecular science, we are aiming to fundamentally address the
issues that have held 3D printing back from becoming a
manufacturing process,” said Dr. Joseph DeSimone, CEO and
co-founder, Carbon3D. “We’re honored to have an industry powerhouse
like Autodesk recognize the transformative nature of our CLIP
technology and engage with us in such a significant way.”
Following their technology preview launch on stage at TED 2015
and to the scientific community on the cover of Science Magazine,
Carbon3D is focused on productizing the CLIP technology and will
have an industrial machine available within the next 12 months.
About Carbon3D
Carbon3D, a Silicon Valley based company, was founded in 2013 in
Chapel Hill, NC. Working at the intersection of hardware, software
and molecular science, Carbon3D is delivering on the promise of 3D
printing, allowing commercial customers to go beyond basic
prototyping to achieve 3D manufacturing. The Continuous Liquid
Interface Production technology (CLIP) was introduced
simultaneously at TED 2015 and to the scientific community on the
cover of Science Magazine (Science, March 2015). Carbon3D is backed
by some of the top investors in the world including Sequoia, Silver
Lake Kraftwerk, Autodesk Spark Investment Fund, Northgate Partners,
Piedmont Capital Partners, and Wakefield Group.
About Autodesk
Autodesk helps people imagine, design and create a better world.
Everyone—from design professionals, engineers and architects to
digital artists, students and hobbyists—uses Autodesk software
to unlock their creativity and solve important challenges. For more
information visit autodesk.com or follow @autodesk.
Autodesk and the Autodesk logo are registered trademarks of
Autodesk, Inc., and/or its subsidiaries and/or affiliates in the
USA and/or other countries. All other brand names, product names or
trademarks belong to their respective holders. Autodesk reserves
the right to alter product and services offerings, and
specifications and pricing at any time without notice, and is not
responsible for typographical or graphical errors that may appear
in this document.
© 2015 Autodesk, Inc. All rights reserved.
Autodesk, Inc.Jennifer Gentrup,
415-547-2435jennifer.gentrup@autodesk.com
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