Carbon3D secures $100m funding round


Carbon3D, a 3D printing company, has raised a $100 million funding round led by Google Ventures. Yuri Milner, Reinet Fund SCA, FIS and others participated in the round as did existing investors such as Northgate Capital, Silver Lake, Sequoia Capital and Kraftwerk. The company also announced that a $10 million investment in the company from Autodesk Spark Investment Fund was converted into equity during the round. “We are excited to have closed this round of financing with such incredible partners who will help us deliver on our vision,” said Joseph M. DeSimone, CEO and Co-Founder of Carbon3D. “Together we have a tremendous opportunity to enable a renaissance in manufacturing.”

Grand Rounds, which helps users identify health care providers and connect patients and physicians, has raised $55 million in Series C financing. Existing investors such as Greylock, Venrock, Harrison Metal and David Ebersman all participated. The company has now raised a total of $106 million.  “Whether and where we receive medical treatment are critical decisions, yet patients lack adequate support in navigating these choices,” said Owen Tripp, co-founder and chief executive officer of Grand Rounds. “We provide patients the technology and information they need to make informed health care decisions, and comprehensive support from a physician-led care team. In an era of payer/provider consolidation, consumer-directed health plans and narrow networks, we empower patients and remove barriers to their care.”

Communication automation company Kahuna has secured a $45 million Series B funding round. The investment was led by Tenaya Capital, with participation from Sequoia Capital, SoftTech VC, and others. “The rules for marketing have changed, and so have the technology requirements,” said Adam Marchick, co-founder and CEO of Kahuna. “With the latest evolution of the Kahuna platform, businesses will be able to augment their ability to connect meaningfully with people across all channels and devices, today and in the future. The Series B investment will enable us to further build on the platform’s capabilities to serve the evolving needs of our customers.”

AgBiome, a startup developing agricultural products to improve crop productivity, has secured a $34.5 million Series B financing round, which will be used to launch the company’s first products. Investors include the Bill & Melinda Gates Foundation, The University of Texas Investment Management Company (UTIMCO), Pontifax Global Food and Agriculture Technology Fund, and Series A investors Polaris Partners, ARCH Venture Partners, Harris & Harris Group, Innotech Advisers, Monsanto Growth Ventures, and Syngenta Ventures. “Poor farmers in sub-Saharan Africa and South Asia face tremendous hurdles, such as unproductive soil, plant diseases, pests and drought,” said Vipula Shukla, Senior Program Officer at the Bill & Melinda Gates Foundation.  “This investment will ensure that AgBiome’s expertise is applied to creating new, affordable tools for these farmers that will protect their staple crops from pests and diseases.”