The latest addition to Boeing’s venture-capital portfolio is Morf3D, a California startup that focuses on aerospace applications for 3-D printing.
Boeing HorizonX Ventures is a co-leader of the Series A investment round, announced by the companies today. Neither Boeing nor Morf3D detailed how much Boeing was investing, or the total amount raised. However, HorizonX’s investments typically range from seven figures to the low eight figures.
Morf3D is based in El Segundo, Calif., and has been producing 3-D-printed aluminum and titanium components for Boeing satellites and helicopters since the startup was founded in late 2015.
The company uses state-of-the-art software and engineering expertise to reduce mass and increase the performance and functionality of metal parts created through additive manufacturing.