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How Much Did Carbon Raise? Headquarters, Funding & Key Investors

Carbon has raised $742M across multiple rounds, including a major $260M Series E in June 2019 at a $2.4B valuation, backed by Madrone Advisors and Baillie Gifford. Earlier, the company secured $200M Series D funding in February 2018 from Sequoia, GE, Fidelity, Adidas, and others. Carbon’s most recent round was a $60M Series E in November 2025, supported by Sequoia Capital, Silver Lake, Adidas Group, Northgate Capital, and Baillie Gifford. These funding rounds fuel advancements in Carbon’s Digital Light Synthesis (DLS) technology, materials science, and global manufacturing partnerships.

    Carbon is a leading innovator in 3D printing and digital manufacturing, known for its Digital Light Synthesis (DLS) technology that transforms photopolymer resin into high-performance end-use parts. Its platform integrates advanced printers, software, and engineered materials to help companies manufacture products with exceptional strength, flexibility, and durability. Carbon works with global brands across industries such as footwear, dental, automotive, healthcare, and consumer goods. By combining materials science, hardware engineering, and cloud-connected automation, Carbon aims to replace traditional injection molding with faster, more efficient digital fabrication.

    What Is Carbon and What Does It Do?

    Carbon, founded in 2013 by Joseph DeSimone, Steve Nelson, Nikita Ermoshkin, Alexander Ermoshkin, and Philip DeSimone, is a Redwood City–based (United States) 3D printing technology company specializing in Digital Light Synthesis (DLS).

    Carbon employs over 420 people and provides a unified platform of advanced 3D printers, next-generation materials, and cloud-based software for lattice design, workflow automation, and the production of high-performance parts.

    Its technology enables manufacturers to produce durable, production-grade components using programmable resins, precise light control, and automated process tooling, helping global enterprises shift from prototyping to full-scale digital manufacturing.

    How Much Funding Has Carbon Raised?

    1. Series E

    • Amount Raised: $60M
    • Date: Nov 12, 2025
    • Lead Investors: Sequoia Capital, Silver Lake, Adidas Group, Northgate Capital, Baillie Gifford
    • Motivation: Expand global deployment of DLS systems, advance material chemistry, and support scaled production partnerships.

    2. Series E

    • Amount Raised: $260M
    • Date: Jun 25, 2019
    • Lead Investors: Madrone Advisors, Baillie Gifford, Temasek, Arkema, Sequoia Capital, Fidelity, J&J Innovation, Adidas Group, JSR Corporation
    • Motivation: Accelerate enterprise adoption, expand resin portfolio, and grow manufacturing ecosystem.

    3. Series D

    • Amount Raised: $200M
    • Date: Feb 14, 2018
    • Lead Investors: Baillie Gifford, Sequoia Capital, Fidelity Investments, GE, Adidas Group, ARCHina Capital, JSR Corporation, Emerson Collective, Silver Lake, Reinet Investments, J&J Innovation
    • Motivation: Enhance hardware innovation, scale Carbon’s cloud platform, and strengthen global supply chain capabilities.

    Total Funding Raised: $742M

    Current Valuation: $2.4B (as of June 2019)

    Latest Funding Date: November 2025

    Key Investors

    1. Sequoia Capital

    • Details: One of the world's most influential venture firms backing category-defining technology companies.
    • Investment Focus Areas: SaaS, deep tech, healthcare, enterprise infra, consumer tech.
    • Notable Investments: Apple, Google, Nvidia, Stripe, DoorDash.

    2. Baillie Gifford

    • Details: Long-term global investment manager known for supporting frontier technologies.
    • Investment Focus Areas: Advanced manufacturing, AI, biotech, mobility, energy.
    • Notable Investments: Tesla, SpaceX, Shopify, Moderna, NIO.

    3. Silver Lake

    • Details: Leading technology investment firm focused on scaling global tech infrastructure companies.
    • Investment Focus Areas: Enterprise tech, hardware, cloud, cybersecurity, mobility.
    • Notable Investments: Dell Technologies, Airbnb, Unity, Motorola Solutions, Ancestry.

    4. Adidas Group

    • Details: Global sportswear company investing strategically in advanced manufacturing technologies.
    • Investment Focus Areas: Materials innovation, digital manufacturing, footwear, performance products.
    • Notable Investments: Carbon, Allbirds, Spire Motorsports, Ivy Park, Runtastic.

    5. Temasek

    • Details: Singapore’s global investment company backing transformational technology businesses.
    • Investment Focus Areas: Climate tech, advanced materials, fintech, biotech, and manufacturing.
    • Notable Investments: Impossible Foods, Databricks, Ant Group, UiPath, Rigetti.

    Where Is Carbon’s Headquarters?

    Carbon is headquartered in Redwood City, California, close to major hardware labs and Silicon Valley technology partners.

    What’s Next for Carbon?

    Carbon plans to scale its DLS platform globally, expand its materials science capabilities, and deepen partnerships in automotive, footwear, dental, and consumer products. The company is increasingly focused on production-grade manufacturing, enabling large brands to shift from traditional molding to agile, digital, cloud-controlled fabrication.

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