Jockeying for Position |
NEWS |
Carbon, the first company to establish a subscription-based offering for its additive manufacturing platform, closed a US$260 million growth-funding round to fuel its international expansion in Europe and Asia; accelerate software and supply chain objectives; and drive greater product, marketing, and sales cohesion. This brings the Silicon Valley startup’s total fundraising to north of US$680 million, and now it needs to deliver.
More Than 400 Employees and Growing |
IMPACT |
The company’s subscription offering includes hardware, software, and service. Annual contract value per unit is about US$70,000 per year for entry level printers (M2) and US$210,000 to US$350,000 for a production system (L1). Materials are obtained through Carbon’s resin store, which offers resins made by Carbon and a handful of third-party providers under a revenue-sharing agreement. Unlike competitors, this doesn’t mean a high price; the company has a track record of passing economies of scale onto customers and has c…
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