Evolve Additive Solutions Overview
- Year Founded
-
2017
- Status
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Private
- Employees
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60
- Latest Deal Type
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Later Stage VC
- Investors
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6
Evolve Additive Solutions General Information
Description
Developer of a technology platform designed to produce products made from engineering plastics. The company's platform delivers the speed, material selection, and cost of injection molding, offering an alternative to traditional manufacturing, enabling businesses to apply additive manufacturing to their process in order to cut down costs.
Contact Information
Website
www.evolveadditive.comCorporate Office
- 5600 Rowland Road
- Suite 180
- Minnetonka, MN 55343
- United States
Corporate Office
- 5600 Rowland Road
- Suite 180
- Minnetonka, MN 55343
- United States
Evolve Additive Solutions Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 01-Mar-2022 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B) | 26-Aug-2021 | Completed | Generating Revenue | |||
| 4. Debt - PPP | 10-Apr-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 04-Mar-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 03-Sep-2018 | $1M | $1.72M | Completed | Generating Revenue | |
| 1. Early Stage VC | $718K | $718K | Completed | Startup |
Evolve Additive Solutions Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A-3 | ||||||||
| Series A-2 | 24,000 | $0.000100 | $41.67 | $41.67 | 1x | $41.67 | 2.57% | |
| Series A-1 | 139,354 | $0.000100 | $35.88 | $35.88 | 1x | $35.88 | 14.93% |
VC Exit Predictor
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Evolve Additive Solutions Comparisons
Industry
Financing
Details
Evolve Additive Solutions Competitors (13)
One of Evolve Additive Solutions’s 13 competitors is Desktop Metal, a Formerly VC-backed company based in Burlington, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Desktop Metal | Formerly VC-backed | Burlington, MA | ||||
| Xjet | Venture Capital-Backed | Rehovot, Israel | ||||
| Kreatize | Venture Capital-Backed | Berlin, Germany | ||||
| ETEC | Venture Capital-Backed | Dearborn, MI | ||||
| Dassault Systemes | Corporation | Vélizy-Villacoublay, France |
Evolve Additive Solutions Patents
Evolve Additive Solutions Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250178275-A1 | Additive manufacturing using overlay fiducial feature template matching | Pending | 30-Jun-2023 | ||
| WO-2023192589-A1 | Additive manufacturing materials and methods for forming polyamide parts | Inactive | 31-Mar-2022 | ||
| WO-2023192591-A1 | Additive manufacturing materials and methods with improved color | Inactive | 31-Mar-2022 | ||
| US-20250065559-A1 | Additive manufacturing system and method with smooth surface | Inactive | 14-Jan-2022 | ||
| WO-2023137179-A1 | Additive manufacturing system and method with smooth surface | Inactive | 14-Jan-2022 | B29C64/141 |
Evolve Additive Solutions Signals
Evolve Additive Solutions Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Rocky Point Ventures | Family Office | Minority | ||
| 3D Ventures | Venture Capital | Minority | ||
| Lam Capital | Corporate Venture Capital | Minority | ||
| KIRKBI | Family Office | Minority | ||
| Stanley Ventures | Corporate Venture Capital | Minority |
Evolve Additive Solutions FAQs
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When was Evolve Additive Solutions founded?
Evolve Additive Solutions was founded in 2017.
-
Where is Evolve Additive Solutions headquartered?
Evolve Additive Solutions is headquartered in Minnetonka, MN.
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What is the size of Evolve Additive Solutions?
Evolve Additive Solutions has 60 total employees.
-
What industry is Evolve Additive Solutions in?
Evolve Additive Solutions’s primary industry is Business/Productivity Software.
-
Is Evolve Additive Solutions a private or public company?
Evolve Additive Solutions is a Private company.
-
What is Evolve Additive Solutions’s current revenue?
The current revenue for Evolve Additive Solutions is .
-
How much funding has Evolve Additive Solutions raised over time?
Evolve Additive Solutions has raised $58.1M.
-
Who are Evolve Additive Solutions’s investors?
Rocky Point Ventures, 3D Ventures, Lam Capital, KIRKBI, and Stanley Ventures are 5 of 6 investors who have invested in Evolve Additive Solutions.
-
Who are Evolve Additive Solutions’s competitors?
Desktop Metal, Xjet, Kreatize, ETEC, and Dassault Systemes are some of the 13 competitors of Evolve Additive Solutions.
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