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3D printed carbon fiber bicycle frame, Arevo received 80 million yuan in B round investment

Date: 2018-05-19
Views: 11
Source: Sohu Hotspot

May 18, 2018, was informed that Silicon Valley startup Arevo Inc has produced a 3D printed carbon fiber frame bike. On Thursday, Arevo announced that it had won a $12.5 million (80 million yuan) Series B round of financing. Investment companies include Japan’s Asahi Glass Co Ltd, Sumitomo Corporation of Americas, Leslie Ventures and Khosla V

3D printed carbon fiber bicycle frame, Arevo received 80 million yuan in B round investment

Traditional carbon fiber bicycles are expensive because workers need to manually soak a single layer of carbon fiber around the frame mold and then place the frame in an oven to allow the resin to melt and bond the carbon fiber sheets together.


Arevo's technology combines 3D printing, web-based software and custom raw materials. It uses a "depositing head" mounted on the robot arm to print out the three-dimensional shape of the bicycle frame. This technology will enable Arevo to manufacture bicycle frames at a cost of $300.

3D printed carbon fiber bicycle frame, Arevo received 80 million yuan in B round investment

Previously, the company raised $7 million from Khosla Ventures and venture capital fund In-Q-Tel Investments (amount undisclosed). The new financing will help the company focus on the full commercialization of its technology.


Arevo also announced the appointment of a new CEO, Jim Miller, who is a senior executive who supervises logistics operations during the high growth of Amazon and Google. With its new capital, Miller hopes to commercialize its software and manufacturing processes to produce high-strength parts, especially aerospace parts. Miller said: "We can print the size you want, including the fuselage of the aircraft, the wings of the aircraft."

3D printed carbon fiber bicycle frame, Arevo received 80 million yuan in B round investment

3D printed carbon fiber bicycle frame, Arevo received 80 million yuan in B round investment


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