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Business/Financial

Boeing Ventures Unit Makes Additional Investment In Additive Manufacturing Firm

By Cal Biesecker

Friday, August 30th, 2019

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Boeing Ventures Unit Makes Additional Investment In Additive Manufacturing Firm

Ivan Madera, founder and CEO of Morf3D. Photo: Morf3D

Morf3D, a small company specializing in additive manufacturing for the aerospace industry, has received a second round of investment from Boeing’s [BA] HorizonX Ventures unit, demonstrating the value the aerospace and defense giant sees in Morf3D. The level of investment wasn’t disclosed. Morf3D said the new funding will support the expansion of its manufacturing footprint and ability to meet the demand from its aerospace customers. HorizonX first invested in California-based Morf3D in 2018. Morf3D said it has been experiencing an…

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