Impossible Objects develops composite-based additive manufacturing (CBAM) technology that combines high-performance polymers such as Nylon and PEEK with long-fiber carbon and fiberglass sheets to produce complex parts at production speeds and volumes. The company sells printers (including its Model One and CBAM-2) and engineered materials for additive and composites manufacturing markets. It has partnered with BASF to enable its printers to support BASF’s Ultrasint PA6 powder for high-performance carbon fiber–PA6 composite parts. Led by Founder and Chairman Bob Swartz, the company is focused on expanding operations and broadening its business reach. The article notes a recent funding infusion that will be used to continue that expansion. No operating metrics (revenue or user counts) were disclosed in the article. Impossible Objects develops a 3D printing process that leverages high-speed 2D graphics technologies to produce composite parts combining materials like carbon fiber, Kevlar, fiberglass and high-performance polymers such as PEEK. The company’s Model One printer was introduced in 2017 as a pilot system, with pilot units available on a selective basis and commercial availability planned for 2018. Impossible Objects acquired its first customer, Jabil Inc., during the Model One pilot phase. The business intends to use recent funding to accelerate technology development and roll out of its systems. Financially, the company has raised more than $9m to date, including the latest institutional round. Leadership is headed by founder and chairman Robert Swartz and CEO Larry Kaplan.

Total raised

$11M

Funding rounds

2

Latest round

Equity

Latest activity

May 2019