Mantle
Assembly Line
Mantle Secures $20 Million in Series C Funding to Expand Breakthrough Metal 3D Printing Technology for Precision Tooling
Mantle, the leader in metal 3D printing technology for precision tooling, announced it has reached a significant milestone by securing $20 million in Series C funding. The Series C funding round will be critical in supporting Mantle’s rapid market expansion, scaling manufacturing to meet demand, and developing new capabilities and materials. Led by Schooner Capital, a Boston-based private investment firm, the round was also joined by the company’s largest existing investors, including Fine Structure Ventures, Foundation Capital, Corazon Capital, 11.2 Capital, and Build Collective.
Mantle’s innovative technology has played a crucial role in producing millions of end-use parts, ranging from medical devices and deodorant packaging to industrial components. By focusing on printing tools for mass production rather than the parts themselves, the company has tackled the longstanding issues of high costs and lengthy production times associated with tool creation for mass production. This strategic shift has resulted in cost reductions for customers exceeding 65 percent and accelerated manufacturers’ development cycles by up to 90 percent.