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Interspectral and Pankl expand partnership to automate quality assurance and process monitoring in metal additive manufacturing.
Public roster companies · forecast from SEC filings
Public claims with deadlines
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Nothing on the calendar yet.
Check sizes hold a disciplined $100–300M band — nothing over $300M since Relativity's 2023 era. The past year: VulcanForms' $220M Series D, Hadrian's $260M Series C at $1.6B, Divergent's $290M Series E at $2.3B. Velocity is the tell — Nominal raised a $75M and then an $80M Series B at $1B inside nine months.
Pure growth-stage: all eleven rounds since 2025 were Series B or later, seven of them Series D and beyond, with a single Series A on file since 2023. Capital is consolidating behind proven factories rather than seeding new ones, and the IPO window has stayed shut since Symbotic's $725M listing in 2022.
Founders Fund and Eclipse Ventures have five leads apiece and both wrote 2026 checks (Nominal, VulcanForms); Lux has five including Hadrian. The new wave is corporate-strategic: Lockheed Martin Ventures and Toyota's Woven Capital co-led Machina Labs, Mitsubishi Electric took Tulip, Cox led Gecko. SoftBank and Tiger haven't led since 2022.
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