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3D printing startup Arevo announced today that it closed a $7 million investment led by Khosla Ventures.
Arevo says it offers “advanced materials, intelligent software and additive manufacturing technology to make ultra-strong composite parts.”
“Our 3D printing technology and software suites will lead to higher quality parts in the aerospace, medical, and automotive industries,” said Arevo’s CEO and founder, Hemant Bheda, in a statement. “This funding will enable us to meet our near-term product development objectives, which will be announced later this year.”
Khosla Ventures’ Vijit Sabnis will join Arevo’s board as part of the deal.
