Google Ventures led a $100 million investment into Carbon3D Inc., a 3D printing company, the company announced Thursday. Other investors include venture capitalist Yuri Milner, Reinet Fund S.C.A., F.I.S and all previous investors from the company's series A and series B rounds. The company, which looks to develop a "flexible 3D manufacturing solution" will use the money to further develop technology and materials. "Carbon3D's printing technology is an order of magnitude faster than existing technologies," said Andy Wheeler, General Partner at Google Ventures in the press release. When Google goes through with its plans to create a holding company called Alphabet, Google Ventures will become a subsidiary of that company.
Copyright © 2015 MarketWatch, Inc.
Continue Reading Below