- Companies
- Freeform
Freeform Valuation, Funding & Investors
Freeform is valued at $179M as of January 2026.
Last Freeform valuation
$179M
Undisclosed stage · Jan 2026
Last Freeform funding round
$59M
Undisclosed stage · Jan 2026
Cumulative funding Freeform raised
$118M
across 3 funding rounds
Key investors in Freeform
Founders Fund
Two Sigma Ventures
Threshold
NVentures
10x Founders
AE Industrial Partners
About Freeform
Freeform deploys autonomous metal 3D printing factories using AI-driven controls for high-volume production of aerospace and automotive parts. The Los Angeles-based company's systems produce titanium and steel components with zero defects via real-time sensing and machine learning. Factories operate in the U.S. and Europe, serving clients like SpaceX since 2021.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$179M (Jan 2026)
Freeform Valuation
Freeform is currently valued at $179M, based on its undisclosed-stage round in January 2026.
Freeform valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2026 | Undisclosed stage | $179M |
Freeform Funding History
Freeform has raised a total of $118M across 3 funding rounds.
Freeform's first fundraising round was a $45M undisclosed-stage round in February 2023. The most recent completed round was a $59M undisclosed-stage round in January 2026.
Freeform funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2026 | Undisclosed stage | - | $59M | $179M | Freeform is a startup founded in 2018 by former SpaceX engineers, developing AI-native, software-defined metal 3D printing factories that integrate robotics, sensing, simulation, machine learning, and high-performance computing like NVIDIA GPUs for precision manufacturing of mission-critical components. The company raised $67 million in a Series B round in February 2026, led by investors including Apandion, AE Ventures, Founders Fund, Linse Capital, NVentures (NVIDIA's venture arm), Threshold Ventures, and Two Sigma Ventures, bringing total funding over $120 million from prior rounds in 2023 and 2024. The funding supports scaling production, including upgrading from the GoldenEye system (18 lasers) to the Skyfall platform, set to launch in H1 2026, which promises 25x production capacity increase to thousands of kilograms of high-quality metal parts daily and 10x more materials. Freeform is already in continuous production, delivering hundreds of mission-critical parts weekly to undisclosed frontier programs and fast-growing companies, with demand outpacing capacity, a growing contract backlog, plans to hire up to 100 employees, and facility expansion. Freeform's vision unifies fragmented manufacturing into scalable, software-like infrastructure for faster iteration, higher yields, and new product classes, targeting industries needing complex metal parts. Investors provide operational expertise in advanced computing and manufacturing to execute this shift toward Physical AI-driven factories. |
| Oct 2024 | Series A | AE Industrial Partners (lead); NVentures (lead) | $14M | - | Freeform, founded by former SpaceX engineers, is an AI-driven metal 3D printing company headquartered in Hawthorne, California. The company has developed an autonomous printing technology that integrates real-time AI-driven process controls with hardware-accelerated computing to enable precise, scalable metal additive manufacturing. In October 2024, Freeform announced a $14 million investment from NVIDIA's NVentures and Boeing's AE Ventures, with both investors providing additional strategic support including access to NVIDIA's accelerated computing platform and partnership with Boeing's technical teams. The funding will be used to expand the company's portfolio of printable materials and scale production capabilities for industries including aerospace, defense, energy, semiconductors, and automotive. Freeform is already partnered with Boeing, which plans to use the company's metal AM process to certify and scale metal parts for commercial aviation and defense applications. The company was previously backed by Two Sigma Ventures, Founders Fund, and Threshold Ventures, and emerged from stealth in February 2023 having raised $45 million. |
| Feb 2023 | Undisclosed stage | Two Sigma Ventures (lead); Founders Fund; Threshold; 10x Founders | $45M | - | Freeform is a metal 3D printing company founded by former SpaceX engineers Erik Palitsch (CEO) and TJ Ronacher (CTO). The company has developed proprietary technology combining multiple parallel lasers with closed-loop sensor systems and autonomous printing to enable fast, high-quality metal part manufacturing at scale. The company's manufacturing-as-service business model focused on scaling additive manufacturing for mass production. In February 2023, Freeform closed a Series A funding round of $45 million with participation from Two Sigma Ventures, Threshold Ventures, Founders Fund, 8VC, and others. At the time of the Series A, the company had officially launched out of stealth and reported having paying customers across advanced energy, automotive, aerospace, and industrial sectors. By February 2026, Freeform had raised an additional $67 million in Series B funding, bringing total capital raised to approximately $129.7 million across multiple rounds. |
Who has invested in Freeform?
6 investors have backed Freeform across its funding rounds, including Founders Fund, Two Sigma Ventures, Threshold, NVentures, 10x Founders and AE Industrial Partners.
Lead investors include AE Industrial Partners, NVentures and Two Sigma Ventures.
Freeform Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Oct 2024 | ||
| 1 | Lead | Oct 2024 | ||
| 1 | Participant | Feb 2023 | ||
| 1 | Participant | Feb 2023 | ||
This data is available for Pro users. Sign up to see all 6 Freeform investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialFreeform Competitors
Freeform competitors include listed companies like Titomic and 6K Additive, and private ones like ARRIS, Ethereal Machines, AVIC MITEK and Inkbit.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $187M | - | ||
| Publicly listed | $6M | ($14M) | $159M | 15.3x | ||
| Private | - | - | $158M | - | ||
| Private | - | - | $158M | - | ||
| Private | - | - | $156M | - | ||
| Publicly listed | $18M | ($13M) | $142M | 4.9x |
Freeform Public Comps
Freeform is still privately-owned, but its public comps include Norsk Titanium, Titomic, Xaar, 6K Additive, Graphy, Infinitt Healthcare, Solrom Holdings, AML3D, Freemelt Holding and Nano Dimension.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3M | ($54M) | 43.8x | 22.9x | (2.8x) | (5.9x) | |||
| $6M | ($14M) | 27.9x | 15.3x | (11.7x) | (12.8x) | |||
| $81M | $1M | 1.8x | 1.6x | 135.3x | 25.6x | |||
| $18M | ($13M) | 6.6x | 4.9x | (9.1x) | (11.4x) | |||
| $15M | ($7M) | 9.6x | 6.5x | (19.6x) | (48.1x) | |||
| $75M | $27M | 1.1x | - | 3.2x | - | |||
| $33M | $11M | 3.0x | - | 8.8x | - | |||
| $8M | ($3M) | 5.1x | 3.9x | (14.2x) | (21.5x) | |||
This data is available for Pro users. Sign up to see all Freeform competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Freeform
| When was Freeform founded? | Freeform was founded in 2018. |
| Where is Freeform headquartered? | Freeform is headquartered in Los Angeles, CA, United States. |
| Is Freeform publicly listed? | No, Freeform is a private, VC-backed company. |
| What is Freeform's valuation? | Freeform was last valued at $179M in its undisclosed-stage round in January 2026. |
| How much funding has Freeform raised? | Freeform has raised $118M across 3 funding rounds. |
| What was Freeform's last funding round? | Freeform's last funding round was a $59M undisclosed-stage round in January 2026. |
| Who are Freeform's investors? | Freeform's investors include AE Industrial Partners, NVentures, Founders Fund, Threshold, Two Sigma Ventures and 10x Founders. |
| Which companies are comparable to Freeform? | Companies comparable to Freeform include ARRIS, Titomic, Ethereal Machines, AVIC MITEK, Inkbit and 6K Additive. |
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