True Ventures

True Ventures, established in 2005, is a prominent venture capital firm based in Palo Alto, California, with an additional office in San Francisco. The firm specializes in early-stage technology investments, focusing on seed and Series A financing. True Ventures invests in a broad range of sectors, including commerce, consumer, hardware, health, and infrastructure technologies, as well as emerging markets such as e-commerce, mobile, and software services. The firm typically invests between $0.25 million and $3 million per round, aiming for a stake of approximately 20%. With over $3.8 billion under management and a team of over 40 professionals, True Ventures has supported more than 350 companies, creating over 85,000 jobs worldwide. The firm was recognized as Venture Firm of the Year by the National Venture Capital Association in 2018.

Philip Black

Co-Founder

Caroline Ciaramitaro

Associate

Gus Coldebella

Partner

Adam D'Augelli

Partner

Sahiti Enjeti

Associate

Ulrike Kellmereit

CFO

Om Malik

Partner

Fiona McCarthy

Principal

John O'Connell

Associate

Toni Schneider

Partner

Natasha Sharma

Principal

Jim Stewart

COO

Christiaan Vorkink

Vice President

Ann Weiss

Partner

Ariel Winton-Jones

Principal

Past deals in 3D Printing

Seurat Technologies

Series C in 2023
Seurat Technologies, based in Mountain View, California, specializes in innovative 3D printing services focused on metal manufacturing. Founded in 2015, the company has developed Area Printing, a next-generation technology designed for high-volume, decarbonized industrial production. This approach effectively decouples resolution from speed, allowing for a scalable process that can rival traditional manufacturing methods. Seurat's technology, originally developed at Lawrence Livermore National Laboratory, is backed by over 130 patents granted and pending. The company aims to provide metal parts for original equipment manufacturers (OEMs) through long-term contracts, utilizing techniques such as direct metal writing and selective laser melting to enable cost-effective production at scale.

Glowforge

Series E in 2023
Glowforge Inc. is a manufacturer of 3D laser printers based in Seattle, Washington, founded in 2014. The company specializes in producing printers that can cut, engrave, and shape a diverse range of materials, including wood, leather, acrylic, paper, foam, fabric, glass, and metal. By utilizing advanced software and sensors, Glowforge's printers enable users to create intricate designs and decorations, catering to a wide array of applications. The technology empowers individuals and businesses to personalize and customize products, enhancing creativity and productivity in various fields.

Prellis Biologics

Series C in 2022
Prellis Biologics, Inc. specializes in creating human tissues for drug development and the eventual production of human organs for transplantation. Founded in 2016 and based in San Francisco, California, the company employs advanced bioprinting technology to develop vascularized human tissues and organs, aiming to overcome the challenges associated with microvasculature. Its innovative products include TissueWorkshop, Organoids, Vascular Bundles, Tissue Chips, and Holograph X. Prellis Biologics also focuses on accurately replicating the human immune response through lymph node organoids, which can be utilized for various applications such as antibody discovery and immunogenicity assessment. By addressing critical issues in early-stage drug development and translational pharmacology, Prellis Biologics seeks to improve patient outcomes in healthcare.

Glowforge

Series E in 2022
Glowforge Inc. is a manufacturer of 3D laser printers based in Seattle, Washington, founded in 2014. The company specializes in producing printers that can cut, engrave, and shape a diverse range of materials, including wood, leather, acrylic, paper, foam, fabric, glass, and metal. By utilizing advanced software and sensors, Glowforge's printers enable users to create intricate designs and decorations, catering to a wide array of applications. The technology empowers individuals and businesses to personalize and customize products, enhancing creativity and productivity in various fields.

Seurat Technologies

Series B in 2022
Seurat Technologies, based in Mountain View, California, specializes in innovative 3D printing services focused on metal manufacturing. Founded in 2015, the company has developed Area Printing, a next-generation technology designed for high-volume, decarbonized industrial production. This approach effectively decouples resolution from speed, allowing for a scalable process that can rival traditional manufacturing methods. Seurat's technology, originally developed at Lawrence Livermore National Laboratory, is backed by over 130 patents granted and pending. The company aims to provide metal parts for original equipment manufacturers (OEMs) through long-term contracts, utilizing techniques such as direct metal writing and selective laser melting to enable cost-effective production at scale.

Seurat Technologies

Series B in 2021
Seurat Technologies, based in Mountain View, California, specializes in innovative 3D printing services focused on metal manufacturing. Founded in 2015, the company has developed Area Printing, a next-generation technology designed for high-volume, decarbonized industrial production. This approach effectively decouples resolution from speed, allowing for a scalable process that can rival traditional manufacturing methods. Seurat's technology, originally developed at Lawrence Livermore National Laboratory, is backed by over 130 patents granted and pending. The company aims to provide metal parts for original equipment manufacturers (OEMs) through long-term contracts, utilizing techniques such as direct metal writing and selective laser melting to enable cost-effective production at scale.

Prellis Biologics

Series A in 2019
Prellis Biologics, Inc. specializes in creating human tissues for drug development and the eventual production of human organs for transplantation. Founded in 2016 and based in San Francisco, California, the company employs advanced bioprinting technology to develop vascularized human tissues and organs, aiming to overcome the challenges associated with microvasculature. Its innovative products include TissueWorkshop, Organoids, Vascular Bundles, Tissue Chips, and Holograph X. Prellis Biologics also focuses on accurately replicating the human immune response through lymph node organoids, which can be utilized for various applications such as antibody discovery and immunogenicity assessment. By addressing critical issues in early-stage drug development and translational pharmacology, Prellis Biologics seeks to improve patient outcomes in healthcare.

Wires Glasses

Seed Round in 2018
Wires Glasses Ltd is an independent eyewear brand based in London, United Kingdom, founded in 2016 by designer Yair Neuman. The company specializes in designing, developing, and manufacturing modular eyewear that emphasizes sustainability and innovation. Its products feature a unique approach, utilizing extruded metal wires to create a single-piece frame design, which allows for interchangeable components, including foldable frames and 3D printed lens rims. This design philosophy is inspired by African wire artistry and aims to reduce waste in the eyewear industry, providing customers with high-quality, customizable eyewear options.

Glowforge

Series B in 2018
Glowforge Inc. is a manufacturer of 3D laser printers based in Seattle, Washington, founded in 2014. The company specializes in producing printers that can cut, engrave, and shape a diverse range of materials, including wood, leather, acrylic, paper, foam, fabric, glass, and metal. By utilizing advanced software and sensors, Glowforge's printers enable users to create intricate designs and decorations, catering to a wide array of applications. The technology empowers individuals and businesses to personalize and customize products, enhancing creativity and productivity in various fields.

Seurat Technologies

Series A in 2018
Seurat Technologies, based in Mountain View, California, specializes in innovative 3D printing services focused on metal manufacturing. Founded in 2015, the company has developed Area Printing, a next-generation technology designed for high-volume, decarbonized industrial production. This approach effectively decouples resolution from speed, allowing for a scalable process that can rival traditional manufacturing methods. Seurat's technology, originally developed at Lawrence Livermore National Laboratory, is backed by over 130 patents granted and pending. The company aims to provide metal parts for original equipment manufacturers (OEMs) through long-term contracts, utilizing techniques such as direct metal writing and selective laser melting to enable cost-effective production at scale.

Prellis Biologics

Seed Round in 2017
Prellis Biologics, Inc. specializes in creating human tissues for drug development and the eventual production of human organs for transplantation. Founded in 2016 and based in San Francisco, California, the company employs advanced bioprinting technology to develop vascularized human tissues and organs, aiming to overcome the challenges associated with microvasculature. Its innovative products include TissueWorkshop, Organoids, Vascular Bundles, Tissue Chips, and Holograph X. Prellis Biologics also focuses on accurately replicating the human immune response through lymph node organoids, which can be utilized for various applications such as antibody discovery and immunogenicity assessment. By addressing critical issues in early-stage drug development and translational pharmacology, Prellis Biologics seeks to improve patient outcomes in healthcare.

3D Robotics

Series D in 2017
3D Robotics, Inc. is a manufacturer of drones, specializing in advanced aerial technology for sectors such as construction, insurance, surveying, agriculture, utilities, telecommunications, and public safety. Founded in 2009 and headquartered in Berkeley, California, the company offers a range of products including the Solo motion control drone and Site Scan, a cloud-connected mobile application designed for autonomous inspections, scans, and surveys. Site Scan facilitates the creation of 2D maps and 3D models, while the company also provides the Pixhawk autopilot system for building unmanned aerial vehicles, along with various parts and accessories. 3D Robotics focuses on making drone technology accessible for data analysis and land mapping, enabling clients to collect accurate aerial data and transform it into actionable insights for informed decision-making at construction sites. The company distributes its products through resellers and its online store globally.

Glowforge

Series B in 2016
Glowforge Inc. is a manufacturer of 3D laser printers based in Seattle, Washington, founded in 2014. The company specializes in producing printers that can cut, engrave, and shape a diverse range of materials, including wood, leather, acrylic, paper, foam, fabric, glass, and metal. By utilizing advanced software and sensors, Glowforge's printers enable users to create intricate designs and decorations, catering to a wide array of applications. The technology empowers individuals and businesses to personalize and customize products, enhancing creativity and productivity in various fields.

Seurat Technologies

Seed Round in 2016
Seurat Technologies, based in Mountain View, California, specializes in innovative 3D printing services focused on metal manufacturing. Founded in 2015, the company has developed Area Printing, a next-generation technology designed for high-volume, decarbonized industrial production. This approach effectively decouples resolution from speed, allowing for a scalable process that can rival traditional manufacturing methods. Seurat's technology, originally developed at Lawrence Livermore National Laboratory, is backed by over 130 patents granted and pending. The company aims to provide metal parts for original equipment manufacturers (OEMs) through long-term contracts, utilizing techniques such as direct metal writing and selective laser melting to enable cost-effective production at scale.

Glowforge

Series A in 2015
Glowforge Inc. is a manufacturer of 3D laser printers based in Seattle, Washington, founded in 2014. The company specializes in producing printers that can cut, engrave, and shape a diverse range of materials, including wood, leather, acrylic, paper, foam, fabric, glass, and metal. By utilizing advanced software and sensors, Glowforge's printers enable users to create intricate designs and decorations, catering to a wide array of applications. The technology empowers individuals and businesses to personalize and customize products, enhancing creativity and productivity in various fields.

3D Robotics

Series C in 2015
3D Robotics, Inc. is a manufacturer of drones, specializing in advanced aerial technology for sectors such as construction, insurance, surveying, agriculture, utilities, telecommunications, and public safety. Founded in 2009 and headquartered in Berkeley, California, the company offers a range of products including the Solo motion control drone and Site Scan, a cloud-connected mobile application designed for autonomous inspections, scans, and surveys. Site Scan facilitates the creation of 2D maps and 3D models, while the company also provides the Pixhawk autopilot system for building unmanned aerial vehicles, along with various parts and accessories. 3D Robotics focuses on making drone technology accessible for data analysis and land mapping, enabling clients to collect accurate aerial data and transform it into actionable insights for informed decision-making at construction sites. The company distributes its products through resellers and its online store globally.

3D Robotics

Series B in 2013
3D Robotics, Inc. is a manufacturer of drones, specializing in advanced aerial technology for sectors such as construction, insurance, surveying, agriculture, utilities, telecommunications, and public safety. Founded in 2009 and headquartered in Berkeley, California, the company offers a range of products including the Solo motion control drone and Site Scan, a cloud-connected mobile application designed for autonomous inspections, scans, and surveys. Site Scan facilitates the creation of 2D maps and 3D models, while the company also provides the Pixhawk autopilot system for building unmanned aerial vehicles, along with various parts and accessories. 3D Robotics focuses on making drone technology accessible for data analysis and land mapping, enabling clients to collect accurate aerial data and transform it into actionable insights for informed decision-making at construction sites. The company distributes its products through resellers and its online store globally.

3D Robotics

Series A in 2012
3D Robotics, Inc. is a manufacturer of drones, specializing in advanced aerial technology for sectors such as construction, insurance, surveying, agriculture, utilities, telecommunications, and public safety. Founded in 2009 and headquartered in Berkeley, California, the company offers a range of products including the Solo motion control drone and Site Scan, a cloud-connected mobile application designed for autonomous inspections, scans, and surveys. Site Scan facilitates the creation of 2D maps and 3D models, while the company also provides the Pixhawk autopilot system for building unmanned aerial vehicles, along with various parts and accessories. 3D Robotics focuses on making drone technology accessible for data analysis and land mapping, enabling clients to collect accurate aerial data and transform it into actionable insights for informed decision-making at construction sites. The company distributes its products through resellers and its online store globally.

Tinkercad

Seed Round in 2011
Tinkercad is a free web application that simplifies the process of 3D design, electronics, and coding. Utilizing advanced web technology, it enables users to create designs for 3D printing directly in their browser. The platform allows individuals to easily add and edit basic solid shapes, facilitating the creation of various objects, such as sunglasses, without requiring complex modeling software. This accessibility empowers users to imagine, design, and produce a wide range of projects with ease.

MakerBot

Venture Round in 2011
MakerBot Industries, a subsidiary of Stratasys, specializes in the production of desktop 3D printers, making 3D printing more accessible and affordable. With over 80,000 printers installed globally, MakerBot holds a significant share of the desktop 3D printing market. The company caters to both educational and professional sectors, providing reliable printers and extruders capable of working with diverse materials, including carbon fiber, which are optimized for strength and heat resistance. MakerBot also offers a comprehensive ecosystem that includes software such as MakerBot PrintShop and MakerBot Mobile, as well as support, training, and a robust online community through Thingiverse. The company has received numerous awards for its innovations, reflecting its impact on the consumer electronics landscape.
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