Tech Company Financing Transactions
Metafold 3D Funding Round
Metafold 3D secured a $1.8 million Seed funding round on 7/18/2023. Investors included Differential Ventures, Active Impact Investments and Jetstream Ventures.
Transaction Overview
Company Name
Announced On
7/18/2023
Transaction Type
Venture Equity
Amount
$1,780,000
Round
Seed
Investors
Proceeds Purpose
Metafold aims to help large-scale manufacturers become more environmentally and financially sustainable with its cloud and API-based 3D-engineering platform. It provides a geometric engine, lattice library, and direct-to-print capabilities to help teams develop, design, and produce complex 3D parts for a variety of additive manufacturing-related use cases.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
401 Wellington Street West 3rd Fl
Toronto, Ontario, M5V 1E7
CA
Toronto, Ontario, M5V 1E7
CA
Phone
Undisclosed
Website
Email Address
Overview
Metafold was founded at the intersection of math (geometry), design (architecture), and engineering by Elissa Ross, Tom Reslinski, and Daniel Hambleton. After years of consulting and helping organizations solve critical geometry problems in industry, the founders witnessed an increase in speed at which their clients needed to innovate and produce new products. At the same time, clients were pressured to lower the cost of materials and decrease the weight of these products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Elissa Ross
Chief Operating Officer
Tom Reslinski
Chief Technical Officer
Daniel Hambleton
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