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New job roles and expanded carbon tech as AREVO raises US$25m in Series B funding

AREVO, the Silicon Valley company behind the Superstrata custom 3D printed bike concept, has opened up a number of new job positions. The company has been buoyed by a recent US$25 million Series B funding round. This bring its total funding to US$60 million.

Key technical job roles, based in Milpitas, CA, USA, include: Production Technician, Manufacturing Engineer, and Process & Materials Engineer. Other roles include: Marketing Manager and Software/Computational Geometry Engineer.

In parallel with confirming its recent Series B funding, AREVO has announced the introduction of its newest system, the Aqua 2. This is billed as ‘the world’s first high speed additive manufacturing system for large continuous carbon fibre composite structures.’

In addition to offering up higher quality 3D carbon printing, the Aqua 2 is reportedly able to print carbon fibre composites 4x faster than its predecessor. AREVO adds that this enables the ‘rapid, on-demand production of large (up to one cubic metre) custom composite parts.’

The company’s Series B financing round was led by Defy Partners and GGV Capital, with participation from Khosla Ventures, Alabaster and others. Defy appointed Brian Shin and Defy Scout to join AREVO’s Board, which includes Hemant Bheda (Co-Founder), Sonny Vu (CEO) and Bruce Armstrong (Khosla).

“Arevo’s new platform enables fabrication of high strength, low weight carbon fibre parts, currently not possible with today’s standard techniques,” said Trae Vassallo, founding partner at Defy. “We are thrilled to be working with the team to help scale up this incredibly impactful technology.”

www.arevo.com