MinneapolisDescription
Today Chromatic 3D Materials, a leading reactive 3D-printing startup and inventor of the next generation of 3D printing materials, announced the close of an additional financing round of more than $5 million, with funding being led by Embedded Ventures, a new venture capital firm investing in dual-use space startups beyond launch. This round included participation from Golden Seeds, a firm focusing on female-led companies, and Oyat Invest AG, who also led Chromatic's previous financing. With headquarters in Minnesota, United States and the North Rhine-Westphalia region of Germany—where Chromatic has been active in developing accounts in the defense, rail and industrial-equipment sectors—this round will help Chromatic continue commercial introduction of its proprietary technology for 3D printing industrial-grade elastomeric materials and fund its integrated team.