CIOApplications
static-image
  • Home
  • Applications
      • Bioinformatics
      • Business Continuity
      • Business Intelligence
      • Chatbot
      • Collaboration
      • Custom Software Development
      • CRM
      • Enterprise Reporting Software
      • GRC
      • Human Resource
      • Indoor Positioning
      • InsurTech
      • Intellectual Property
      • IT Operations Management
      • IT Service Management
      • Low Code Platform
      • Maintenance Management
      • Managed IT Services
      • MarTech
      • Master Data Management
      • Mobile Application
      • Order Management
      • Parking Management
      • Procurement Tech
      • Publishing Software
      • Remote Monitoring
      • RFID
      • Sales Tech
      • SAS
      • Software Testing
      • Task Management
      • Unified Communications
      • Workflow
      • Workplace Management
  • Verticals
      • BioTechnology
      • Construction
      • Contact Center
      • Education
      • Fintech
      • Food and Beverages
      • Government
      • Healthcare
      • Legal
      • Logistics
      • Manufacturing
      • Travel and Hospitality
      • Utilities
  • Technologies
      • Agile
      • API
      • Artificial Intelligence
      • Blockchain
      • CAD/CAM
      • Cloud
      • Cyber Security
      • Data Analytics
      • Data Center
      • Digital Transformation
      • Graphics
      • IoT
      • Machine Learning
      • Machine Vision and Imaging
      • Predictive Analytics
      • Robotic Process Automation
      • Simulation
      • Smart Labelling
  • Eco System
      • Adobe
      • Amazon
      • Esri
      • Google
      • IBM
      • Infor
      • Kubernetes Partner
      • NetSuite
      • Oracle
      • PTC Partners
      • Qlik Partner
      • Salesforce
      • ServiceNow
      • SiteCore
      • VMware
  • Vendors
  • News
  • Newsletter
  • Whitepaper
  • conferences
  • About Us
  • Specials

  • Menu
      • Business Continuity
      • Chatbot
      • Cloud
      • Collaboration
      • Contact Center
      • Esri
      • Human Resource
      • InsurTech
      • IT Service Management
      • Machine Learning
      • Manufacturing
      • Master Data Management
      • Procurement Tech
      • Robotic Process Automation
      • Salesforce
      • ServiceNow
      • Software Testing
  • Contact Center
  • Collaboration
  • Chatbot
  • Esri
  • Human Resource
  • InsurTech
  • Machine Learning
Specials
  • Specials

  • Business Continuity
  • Chatbot
  • Cloud
  • Collaboration
  • Contact Center
  • Esri
  • Human Resource
  • InsurTech
  • IT Service Management
  • Machine Learning
  • Manufacturing
  • Master Data Management
  • Procurement Tech
  • Robotic Process Automation
  • Salesforce
  • ServiceNow
  • Software Testing
×
#

CIO Applications Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

Subscribe

loading
  • Home
  • Digital Transformation
Editor's Pick (1 - 4 of 8)
left
COVID-19 is accelerating digital transformation in the public sector

COVID-19 is accelerating digital transformation in the public sector
Jonathan Behnke, Chief Information Officer, City of San Diego

The Chief Transformation Officer (CXO): Embracing Perpetual Business Transformation to Enable a NextGEN Enterprise

The Chief Transformation Officer (CXO): Embracing Perpetual...
Kiran Yelamaneni, NextGEN Enterprise Transformation Leader, Tata Consultancy Services

Chief Transformation Officer (CXO): a quarterback for the CEO, CFO, COO, CMO, CSO, CHRO, and CIO during Covid-19

Chief Transformation Officer (CXO): a quarterback for the CEO, CFO,...
Kiran Yelamaneni, NextGEN Enterprise Transformation Leader, Tata Consultancy Services

How Resiliency Can Translate into Customer Value

How Resiliency Can Translate into Customer Value
Sonny Ali, Director, Digital Transformation, GHD

Parallel Developments in civil and Military Drone Technology-Challenges and Opportunities

Parallel Developments in civil and Military Drone...
Andrew Munday, Director of Advanced Engineering and Technology,

Natural Language Processing and the Future of Customer Service

Natural Language Processing and the Future of Customer Service
Eugene Willard, CIO, LaserShip, Inc.

Beyond the Hype - Exploring AI Potential and Pitfalls

Beyond the Hype - Exploring AI Potential and Pitfalls
Chuck Monroe, Head Of AI Enterprise Solutions, Wells Fargo

Artificial Intelligence and the Supply Chain - A Productivity Dream Team

Artificial Intelligence and the Supply Chain - A Productivity Dream...
Nathan Brown, Co-founder & CTO, EVS LLC

right

Thank you for Subscribing to CIO Applications Weekly Brief

Arevo Secures $25 Million, Introduces Aqua 2

By CIO Applications| Monday, August 17, 2020
Tweet

Arevo is a technology company that automates the design and fabrication of large, geometrically complex, continuous CFRP composite products through a suite of innovations in materials science, robotics, and design software.

FREMONT, CA: Arevo, a Milpitas, Calif.-based company transforming composites production through digitalization and automation, raised $25 million in Series B funding round.

The round was led by Defy Partners and GGV Capital with participation from Khosla Ventures, Alabaster, and others. This will bring their total funding to $60m. Defy appointed Brian Shin, an accomplished serial entrepreneur, investor, and Defy Scout, to join Arevo's Board, which includes Hemant Bheda (Co-Founder), Sonny Vu (CEO), and Bruce Armstrong (Khosla).

"Arevo's new platform enables fabrication of high strength, low weight carbon fiber parts, currently not possible with today's standard techniques," said Trae Vassallo, founding partner at Defy. "We are thrilled to be working with the team to help scale up this incredibly impactful technology."

The company also introduced its newest system, the Aqua 2, the world's first high-speed additive manufacturing system for large continuous carbon fiber composite structures. The Aqua 2 can print 4x faster than its predecessor, enabling the rapid, on-demand production of large (up to one cubic meter) custom composite parts.

"Arevo is a compelling opportunity for us as it combines our three main investment foci: consumer internet, enterprise, and smart tech. We see fantastic potential in this market, and have backed Sonny before at Misfit. Arevo is led by an experienced team with solid technological foundation and 3D printing manufacturing know-how at scale - to offer breakthrough products at competitive prices," said Hans Tung, a Managing Partner at GGVC.

These announcements come on the heels of Arevo'scrowdfunding campaign to make their first direct-to-consumer products, the Superstrata bicycle and e-bicycle, the world's first true unibody custom 3D printed carbon fiber bikes. The campaign hit its goal of $100k in under 3 minutes after launch and is now on track to surpass $5m from over 3000 backers.

tag

3D Printing

Weekly Brief

loading
ON THE DECK

Top Vendors

Field Service 2021

Top Vendors

Previous Next
Tweets by CIOApplications

Read Also

Four Business Challenges in Procurement

Four Business Challenges in Procurement

Five Trends Set to Transform the Contact Center

Five Trends Set to Transform the Contact Center

How the Weaponization of Artificial intelligence (AI) can Impact the Future of Humanity

How the Weaponization of Artificial intelligence (AI) can Impact the Future of Humanity

Four Benefits of Cloud-Based Business Budgeting Software

Four Benefits of Cloud-Based Business Budgeting Software

Four Major Benefits of Green Technology in the Construction Industry

Four Major Benefits of Green Technology in the Construction Industry

Things You Should Know About Insurtech

Things You Should Know About Insurtech

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2021 CIOApplications. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap  |  Subscribe |  About Us

follow on linkedin follow on twitter follow on rss
This content is copyright protected close

However, if you would like to share the information in this article, you may use the link below:

https://www.cioapplications.com/news/arevo-secures-25-million-introduces-aqua-2-nid-6259.html