Software-optimised 3D printing manufacturing company, Voodoo Manufacturing has received $1.4 million in funding to expand its factory and introduce more 3D printing technology.
The funding came from KPCB Edge, a team of seed stage investors, with contributions from various angels, including David Karp, the Founder and CEO of social networking site Tumblr.
Already one of the largest high-volume 3D printing factories in New York, Voodoo Manufacturing is expanding its facility to 2,000-square-feet. Filling the new space with nine new team members, doubling the total, and 50 new 3D printers to its cluster, Voodoo is establishing itself as a serious player in the additive manufacturing industry, just two years after its foundation.
“We’ve had to scale quickly to meet customer demand, which was possible thanks to the software and automation tools we put in place early on,” said Max Friefeld, Co-Founder and CEO of Voodoo Manufacturing. “We are on a mission to make manufacturing scale more like software, and we are excited to have support from a world-class group of investors.”
To further accelerate the company’s growth, Voodoo Manufaturing has joined Y Combinator’s Winter 2017 batch. Since 2005, Y Combinator has funded over 1,000 start-ups, including Reddit, Airbnb, Dropbox, Twitch, among others. Altogether, the companies funded by Y Combinator have a combined valuation of over $65 billion.
Tumblr’s David Karp, who invested in Voodoo during this most recent financial backing, cited the potential for creation in 3D printing as his main reason for supporting the company.
“There is so much potential and room for innovation in 3D printing today,” said Karp. “You can already see this tech showing up in whole new applications, unlocking businesses and growth that simply weren’t possible before. It’s clear there will be far reaching implications for manufacturers, creators, consumers, brands, retailers and inventors. I’m incredibly excited to be joining the Voodoo team and the work they’re doing here.”
Last year, Voodoo Manufacturing worked with VH1, Microsoft, Lowe’s, the Enable Community Foundation, NBC Universal, Autodesk and others, across over 500 projects. The company specialises in small-batch production of plastic parts, ranging from 1 to 10,000 unit runs at injection moulding costs. This range is historically inaccessible in the manufacturing world, so Voodoo has found a way to make everything from unique branded marketing and promotional items, to integrated hardware parts and components.
With high-volume requests coming in daily, Voodoo Manufacturing has decided to meet a growing demand by expanding themselves. Now, with the new additions, Voodoo boasts 160 production printers to fulfil customer orders. Later in 2017, the manufacturer will be announcing new products and services that will maintain 3D printing as an effective option for small-batch part production.