Mantle develops the TrueShape metal 3D printing technology designed to produce injection mold and die inserts with high accuracy, surface finish, and tool-steel properties. Its systems focus on printing tooling (not end-use parts) and have produced millions of parts while shortening tooling lead times and lowering costs. Mantle reported double-digit shipment growth over the past year and says its technology cuts tooling costs by more than 65% and accelerates development cycles by up to 90%. Customers such as Heyco Products and General Pattern report faster time-to-market (two months faster for Heyco) and reduced lead times (3.5 weeks saved at General Pattern) while minimizing active toolmaker hours. The company positions its technology as a solution for reshoring and acute skilled-labor shortages in U.S. manufacturing by automating tool production and increasing toolroom productivity. Headquartered in San Francisco, Mantle plans to expand its market, scale manufacturing, and develop new capabilities and materials supported by the recent financing.

Total raised

$20M

Funding rounds

1

Latest round

Series C

Latest activity

Jul 2024