Fenwick Represents VELO3D in $28 Million Series D Financing

Fenwick & West represented VELO3D, a digital manufacturing innovator, in its $28 million Series D financing. New investors Piva and TNSC joined the round, along with existing investors Bessemer Venture Partners, Playground, and Khosla Ventures. This brings VELO3D’s total funding to $138 million.

Bringing together an integrated solution of software, hardware, and process-control innovation, VELO3D introduced offers SupportFree capability for 3D metal printing. VELO3D plans to use the new capital to expand its product portfolio to include more machine options, compatible alloys, and enhanced software and hardware capabilities. More information about the financing can be obtained from the company’s announcement​.

The Fenwick transaction team included corporate partner Steven Levine and associates Michael Ohta and John Clancy.