Financial ReportsMoney & FundingStocks

The Motley Fool thinks a Carbon IPO is approaching

Stay up to date with everything that is happening in the wonderful world of AM via our LinkedIn community.

The Motley Fool, via its author profile Beth McKenna, believes that a Carbon IPO could be nearing. The Silicon Valley-based 3D printing unicorn exploded onto the tech scene in 2015 and is best known for partnering with adidas to mass produce 3D printed midsoles for running shoes.

The Motley Fool is a financial analysis firm following the AM industry very closely. They timely forecasted the “3D printing bubble” of 2012-2013 (although they missed out on timely forecasting the bubble bursting) and generally have a very clear view of what goes on in the AM industry (at least as far as financial analysts go).

There are several reasons why The Motley Fool believes a Carbon IPO is drawing near. These start from the fact that Carbon relatively recently made some updates to its board and executive team of the type companies often make before going public. In addition, the overall good shape of the stock market is a key factor in the timing of IPOs. The S&P 500 has returned 13.7% in 2019 through May 24. Also, the 3D printing stock space has at least stabilized after taking a beating following the go-go years of 2012 and 2013. While 3D Systems stock is struggling, Stratasys stock is up 25.6% so far this year.

Carbon IPO
Carbon’s new L1 3D printer

Late last year the company named its first chief marketing officer, Dara Treseder. She previously served as CMO for GE Ventures and GE Business Innovations. It also promoted Elisa de Martel to CFO and named Debbie Messemer, a recently retired KPMG partner, to its board of directors and as chair of its newly formed audit committee.

More recently Carbon further updated its leadership team including promotions and newly created positions, which are considered critical to setting the company up for continued growth and success. These included Craig Carlson promoted from Vice President of Engineering to Chief Technology Officer, Philip DeSimone, a Carbon Co-Founder and current Vice President of Business Development, promoted to the company’s first Chief Customer Officer, and Meg Nibbi, a current Vice President, promoted to VP, General Counsel.

Carbon IPO
Parts 3D printed using the epoxy resin material.

While an IPO seems on the horizon, Carbon’s activity last month suggests it might not be immediate. In April, the company authorized the sale of $300 million in Series E shares. If Carbon raises the full amount, its valuation could reach up to $2.5 billion, according to a Pitch Book estimate. The company was valued at $1.7 billion after its Series D round in late 2017. Along with raising money from top venture capital firms, Carbon has received financial backing from the VC arms of corporate giants such as General Electric and Google parent Alphabet. In addition to adidas, its big-name partners include Ford, Johnson & Johnson, BMW, and UPS.

Beth McKenna’s article goes on to give additional – and very precise – explanations for Carbon’s current and expected future success. You can access the full article here.

Composites AM 2024

746 composites AM companies individually surveyed and studied. Core composites AM market generated over $785 million in 2023. Market expected to grow to $7.8 billion by 2033 at 25.8% CAGR. This new...

Davide Sher

Since 2002, Davide has built up extensive experience as a technology journalist, market analyst and consultant for the additive manufacturing industry. Born in Milan, Italy, he spent 12 years in the United States, where he completed his studies at SUNY USB. As a journalist covering the tech and videogame industry for over 10 years, he began covering the AM industry in 2013, first as an international journalist and subsequently as a market analyst, focusing on the additive manufacturing industry and relative vertical markets. In 2016 he co-founded London-based VoxelMatters. Today the company publishes the leading news and insights websites and, as well as VoxelMatters Directory, the largest global directory of companies in the additive manufacturing industry.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close Popup
Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are necessary for the website to function and cannot be switched off in our systems.

Technical Cookies
In order to use this website we use the following technically required cookies
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services


Join our 12,000+ Professional community and get weekly AM industry insights straight to your inbox. Our editor-curated newsletter equips executives, engineers, and end-users with crucial updates, helping you stay ahead.