Wednesday, June 29, 2016 5:19:00 AM PDT | VentureDeal
Santa Clara, California -- Advanced materials technology company AREVO has landed $7 million in its first round of institutional venture capital financing.
AREVO is developing 3D printed carbon fiber composite materials along with intelligent software and what it calls "additive manufacturing technology." Khosla Ventures led the round which included other undisclosed investors. The company said the funding would "enable us to meet our near-term product development objectives." AREVO did not specify what those product development objectives are, instead stating that they will be announced later this year.
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