Mantle

Mantle

Produces high-hardness steel tools using 3D printing

About Mantle

Simplify's Rating
Why Mantle is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Robotics & Automation

Industrial & Manufacturing

Company Size

51-200

Company Stage

Series C

Total Funding

$56.4M

Headquarters

San Francisco, California

Founded

2015

Overview

Mantle3D produces high-hardness steel tools using advanced metal 3D printing technology, which are essential for creating molds and dies in various manufacturing industries. Their products achieve precision comparable to traditional CNC machining but with shorter lead times and less post-processing. Unlike competitors, Mantle3D combines conventional manufacturing with 3D printing, allowing for flexible designs and optimized cooling systems that improve efficiency and quality. The company's goal is to help manufacturers reduce costs and enhance product quality while fostering innovation in the tooling industry.

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Funded Recently
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Simplify's Take

What believers are saying

  • Growing demand for sustainable manufacturing boosts Mantle's eco-friendly 3D printing methods.
  • AI integration enhances Mantle's precision and efficiency in production.
  • Industry 4.0 adoption offers opportunities for Mantle's digital manufacturing solutions.

What critics are saying

  • Emerging competition from companies like Desktop Metal threatens Mantle's market share.
  • Rapid technological advancements may render Mantle's technology obsolete without innovation.
  • Supply chain vulnerabilities in sourcing materials could disrupt Mantle's production.

What makes Mantle unique

  • Mantle's metal 3D printing produces high-resolution parts for critical applications.
  • The company specializes in high-hardness steel tools for precision manufacturing.
  • Mantle's technology integrates flexible geometry and optimized conformal cooling lines.

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Funding

Total Funding

$56.4M

Below

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Competitive compensation

Equity ownership

Employer paid premium medical and dental

Paid parental leave

Commuter benefits

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

1%
TCT Magazine
Jul 10th, 2024
Mantle raises $20 million in Series C funding round

Mantle raises $20 million in Series C funding round.

VC News Daily
Jul 10th, 2024
Mantle Secures $20M Series C Funding

Mantle has secured $20 million in Series C funding, led by Schooner Capital, with participation from Fine Structure Ventures, Foundation Capital, Corazon Capital, 11.2 Capital, and Build Collective. This brings the company's total funding to over $61.5 million.

3DPrint
Apr 19th, 2023
3D Printing News Briefs, April 19, 2023: Movie Magic, Distribution Agreement, & More

Mantle introduced a High-Precision Shaping package, and Essentium released a high-impact, high-temperature thermoplastic.

TechCrunch
Sep 6th, 2022
Mantle Is 3D-Printing Manufacturing Tooling

Mantle is launching a new series of $350,000 machines that can 3D-print the mold inserts that are used to produce injection-mold plastics. It’s hard to overstate how important this will be — I caught up with the company’s founders to find out how and why this tech is going to put a serious dent in the speed-to-market for manufacturing. Okay, let’s go deeply geeky for a moment, and take a look at one of the most interesting uses of 3D printing I’ve seen in a long while. To understand why this matters so much, you need to understand how manufacturing works; specifically, how injection molding works. Most plastic parts can be made by the hundreds of thousands, by injecting liquid plastic goo into a mold. This mold typically has water-cooling lines running through it, to bring down the temperature of the liquid, molten plastic quickly, so it solidifies. The mold opens, the plastic part is ejected, and you can go to the next cycle. Almost every small (and many large) plastic parts are made this way. The tools are usually made of extra hard “tool steel,” which needs to be extremely precise. The surface of this steel mold can be anything — smooth, textured, you name it — and anything that’s part of the mold cavity becomes part of the final plastic part. As you might imagine, creating these steel molds is extremely precise work, and it takes a long time (years) to become a tool maker. To become a truly excellent tool maker is a lifelong profession, at least as much art and experience as it is technology

Westminster Tool
Mar 14th, 2022
Westminster Tool Inc. partners with Foster Corporation

Westminster Tool Inc. is proud to announce that Westminster Tool Inc. has partnered with Mantle Inc. and Foster Corp. in researching some groundbreaking technology for the medical device manufacturing industry.

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