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§ Private Profile · 1450 McCarthy Blvd, Milpitas, California 95035, US
Technology company specializing in continuous carbon fiber 3D printing and additive manufacturing of ultra-strong, lightweight composite parts for OEMs.
Arevo has raised $104.0M across 6 funding rounds.
Key people at Arevo.
Arevo has raised $104.0M in total across 6 funding rounds.
Arevo was a Milpitas, California-based technology company that developed continuous carbon fiber 3D printing and additive manufacturing systems utilizing a proprietary six-axis robotic platform. The firm provided manufacturing as a service and direct to consumer products for the aerospace, defense, and sporting goods sectors, enabling the rapid production of highly complex, lightweight composite parts on demand. Before ceasing operations and auctioning its robotic equipment and intellectual property in 2023, the enterprise scaled to approximately 100 employees and secured 55 issued patents. Arevo raised approximately $85 million in total venture funding across multiple private equity rounds, including a $25 million Series C financing in 2021. This capital was supplied by a syndicate of notable institutional backers including Khosla Ventures, GGV Capital, Defy Partners, Asahi Glass, and In-Q-Tel. The manufacturing company was founded in 2014 by Hemant Bheda and Wiener Mondesir.
Arevo has raised $104.0M in total across 6 funding rounds.
Arevo's investors include Deep Valley Labs, Industrifonden, Khosla Ventures, Hans Tung, Katie Gray, Kevin Colas, Trae Vassallo, Alabaster, Defy Partners, Founders Fund, GGV Capital, 8090 Industries.
Key people at Arevo.
Arevo has raised $104.0M across 6 funding rounds. Most recently, it raised $9.0M Series U in October 2025.
Arevo is a Silicon Valley-based technology company founded in 2013 that developed automated systems for direct digital additive manufacturing of large, ultra-strong, lightweight continuous carbon fiber reinforced polymer (CFRP) composites, eliminating the need for molds or high capital investments.[1][2][3] It targeted high-volume end-use applications in industries like electric vehicles, drones, automotive, and consumer products such as bikes and tennis rackets, serving manufacturers seeking faster design cycles, reduced labor, and cost-efficient production of complex parts.[2][3][4] The company raised $69.5M but ceased operations in July 2023 via an asset sale, marking the end of its growth amid challenges in scaling additive manufacturing.[2]
Arevo's core offerings included breakthrough software for optimizing fiber placement and orientation, free-motion robotics for "true 3D" construction, and high-performance thermoplastic materials like PEEK/PAEK, slashing product development from 12-18 months to hours while minimizing material waste.[1][3]
Arevo was founded in 2013 in Milpitas, California, by serial entrepreneur Hemant Bheda, who served as co-founder and chairman after careers in image/video compression at Intel and Bell Labs.[3] Initially operating as Arevo Labs, the idea emerged from Bheda's recognition that traditional 3D printing excelled in prototyping but lacked software for production-scale composites manufacturing, particularly optimizing fiber placement in carbon fiber parts.[1][3]
Early traction included participation in events like 3D Printing LIVE! USA 2014 and announcements of thermoplastic filament supply in 2014, evolving into full 3D printing services by 2015 with innovations like direct manufacturing of PEEK/PAEK parts.[1] Pivotal moments featured partnerships such as the e-Moto electric bike concept with StudioWest and client Emery Bikes by 2020, alongside targets like drones and automation, before operations halted in 2023.[2][3]
Arevo stood out in additive manufacturing through integrated innovations across software, materials, and robotics:
These features positioned Arevo ahead of competitors like 3D Metalforge or Seriforge by focusing on continuous fiber composites at scale.[2]
Arevo rode the lightweighting and additive manufacturing trends in electric vehicles, autonomous mobility, drones, and sustainability-driven industries, where demand for strong-yet-light composites reduces energy use and enables complex geometries unattainable via traditional methods.[1][2][3] Timing aligned with post-2010s 3D printing maturation, as automotive and aerospace sought mold-free alternatives amid supply chain pressures and decarbonization goals.[1][3]
Market forces like rising carbon fiber adoption in EVs and robotics favored Arevo's automation, influencing the ecosystem by pioneering software-robotics integration that accelerated composites from prototypes to production—paving the way for followers like SphereCube despite its 2023 closure.[2] Its innovations highlighted software's role in unlocking AM's industrial potential, contributing to broader shifts in manufacturing efficiency.[3]
Arevo's assets, post-2023 sale, likely fuel ongoing advancements in CFRP automation, with its software and robotics influencing successors in a market projected to grow via EV lightweighting and Industry 4.0.[2] Trends like AI-optimized design and sustainable materials will shape this space, potentially evolving Arevo's legacy through acquirers targeting drones, e-mobility, and aerospace. While the company itself ended, its mold-free model underscores additive manufacturing's path to mainstream scalability, tying back to its mission of revolutionizing composites via software ingenuity.[3]
