US-based 3D printing services marketplace 3D Hubs has raised $18m in series C funding, from investors including Hearst Ventures, media company Hearst’s corporate venturing unit, according to VentureBeat.
Growth capital firm Endeit Capital led the round, which also featured EQT Ventures, the venture capital arm of private equity group EQT Partners, as well as VC firm Balderton Capital and individual investor Arthur Kosten.
Founded in 2013, 3D Hubs operates an online marketplace where some 20,000 engineers can source 3D printing services for manufacturing from about 250 providers.
The company secured $4.5m in a 2014 series A round led by Balderton Capital, which returned for a $7m series B led by EQT Ventures two years later.
Bram de Zwart, co-founder and chief executive of 3D Hubs, said: “3D Hubs is committed to being a radical innovator in the manufacturing industry – building pricing and manufacturability algorithms that are said to have the same potential as Google’s search algorithms.”
