Evolve Additive Solutions
Evolve Additive Solutions provides a high-speed, automated additive manufacturing solution for producing polymer parts, positioned as a direct competitor to traditional injection molding for high-volume production.
- CEO / Founder
- Jeff Blank
- Team Size
- 51-200
- Stage
- Commercial
- Total Funding
- $39M
- Latest Round
- Venture Round
- Key Investors
- LEGO Brand Group (KIRKBI), Stanley Black & Decker (Stanley Ventures), Stratasys
Technology & Products
Key Products
["SVP (Scalable Volumetric Printer) Platform","STEP Parts Now (On-demand parts production service)","Engineering-grade thermoplastic materials (e.g., ABS, PA-11)"]
Technological Advantage
The primary advantage is producing end-use parts at high volumes with isotropic properties comparable to injection molding, which significantly reduces the time and cost associated with tooling. This facilitates agile manufacturing, supply chain resilience, and faster time-to-market.
Differentiation
Value Proposition
Evolve's STEP technology uniquely combines the flexibility and speed of additive manufacturing with the quality, material properties, and cost-effectiveness of traditional high-volume manufacturing methods like injection molding.
How They Differentiate
Evolve differentiates itself by focusing on high-speed, high-volume production to directly compete with traditional injection molding in terms of part quality, cost, and throughput, rather than focusing only on prototyping or low-volume production.
Market & Competition
Target Customers
Manufacturers in industrial, automotive, consumer goods, and aerospace sectors seeking high-volume, production-quality thermoplastic parts without the long lead times and high costs of injection molding tooling.
Industry Verticals
["Industrial","Automotive","Aerospace/Defense","Consumer Goods"]
Competitors
HP (Multi Jet Fusion); Carbon (DLS); Stratasys (SAF, FDM)
Growth & Milestones
Major Milestones
["Spun off from Stratasys in 2017","Shipped first Alpha system to a strategic partner in 2018","Secured $19M in funding from major industry players in 2018","Formed strategic partnership with Siemens to advance automation","Launched STEP Parts Now on-demand service in 2023","Appointed Jeff Blank as CEO in June 2024"]
Notable Customers
Fathom Digital Manufacturing; alphacam GmbH (as a service partner)