About Optomec
Optomec is a company based in Albuquerque (United States) founded in 1997.. Optomec has raised $6.53 million across 5 funding rounds from investors including General Electric, European Union and Spark. Optomec has completed 1 acquisition, including Huffman LLC. Optomec offers products and services including LENS AM Systems, Aerosol Jet Systems, and LENS Software. Optomec operates in a competitive market with competitors including Sintavia, Stratasys, Victrex, DMG MORI and Additive Industries, among others.
- Headquarter Albuquerque, United States
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Sectors
TechnologyAerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.53 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
General Electric
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Optomec
Optomec offers a comprehensive portfolio of products and services, including LENS AM Systems, Aerosol Jet Systems, and LENS Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Systems for additive production and repair of metal components
Printers for advanced packaging and sensors in electronics
Software for managing 3D printing processes and materials
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Funding Insights of Optomec
Optomec has successfully raised a total of $6.53M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(01 Jun 1997)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2017 | Amount | Grant - Optomec | Valuation |
investors |
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| Nov, 2015 | Amount | Series B - Optomec | Valuation |
investors |
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| Aug, 2009 | Amount | Grant - Optomec | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Optomec
Optomec has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include General Electric, European Union and Spark. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Diversified operations are conducted across multiple industries worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Optomec
Optomec has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Huffman LLC. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Industrial 3D parts are manufactured for various applications.
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1961 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Optomec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Optomec Comparisons
Competitors of Optomec
Optomec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sintavia, Stratasys, Victrex, DMG MORI and Additive Industries, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of tech-enabled on-demand industrial 3D printing services
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| domain | founded_year | HQ Location |
3D printing equipment and materials are manufactured by Stratasys.
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| domain | founded_year | HQ Location |
Thermoplastic polymer PEEK is manufactured for industries including 3D printing.
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| domain | founded_year | HQ Location |
Powder-based 3D printers are manufactured for industrial applications.
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| domain | founded_year | HQ Location |
SLM 3D printers are developed for aerospace and automotive sectors.
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| domain | founded_year | HQ Location |
Additive manufacturing design and services are provided to various industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Optomec
Frequently Asked Questions about Optomec
When was Optomec founded?
Optomec was founded in 1997.
Where is Optomec located?
Optomec is headquartered in Albuquerque, United States. It is registered at Albuquerque, New Mexico, United States.
Who is the current CEO of Optomec?
Mike Barry is the current CEO of Optomec.
Is Optomec a funded company?
Optomec is a funded company, having raised a total of $6.53M across 5 funding rounds to date. The company's 1st funding round was a Grant of $450K, raised on Jun 01, 1997.
What does Optomec do?
Optomec was founded in 1997 and is headquartered in Albuquerque, United States. Additive manufacturing systems are provided for 3D-printed electronics and metals, including Aerosol Jet platforms for electronics and LENS printers for metal parts. Operations support production of functional devices in sectors such as electronics, energy, life sciences, IoT, and aerospace, with a focus on industrial applications across these fields.
Who are the top competitors of Optomec?
What products or services does Optomec offer?
Optomec offers LENS AM Systems, Aerosol Jet Systems, and LENS Software.
How many acquisitions has Optomec made?
Optomec has made 1 acquisition, including Huffman LLC.
Who are Optomec's investors?
Optomec has 4 investors. Key investors include General Electric, European Union, Spark, and OSTI.GOV.
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