Arevo’s 3D Printing Assets Hit the Auction Block: The End of An Era?


Arevo was among the first startups to develop a method for continuous carbon fiber 3D printing at large scales. With investments from Khosla Ventures and In-Q-Tel, among others, the Silicon Valley firm was able to demonstrate this technology with such exciting products as fully 3D printing, carbon fiber reinforced e-bike and scooter frames. However, now it seems as though Arevo may be at the end of its rope, as 3D Printing Industry (3DPI) reports that many of its assets are up for auction.

Currently listed on the auction platform Silicon Valley Disposition are a number of pieces of capital equipment, including robotic arms, laser modules, filament extrusion 3D printers, and even Superstrata 3D printed bikes. Specifically, Arevo is auctioning three ABB IRB 4600 Robots and iRC5 robot controllers, various laser equipment—including a Laser TruPulse 2007 Nano, two Laser Line LDM 800-60 units, and twelve IPG Diode Laser Modules—two LMT Gocator 3D printer sensors, five FLIR A35 cameras, a handful of filament extrusion 3D printers, eight Superstrata 3D printed bicycles, and other machines.

Arevo, which was established in 2013, initially prioritized the development of high-strength polymers for 3D printing, while also creating multi-axis robotic arm extrusion, aimed at resolving the anisotropic properties of extrusion 3D printing. Eventually, the Aqua 3D printer was developed by the firm, which cures a photopolymer resin along with continuous carbon fiber.

In 2016, Arevo received financial backing from In-Q-Tel, the venture capital wing of the U.S. intelligence community. Following this, the company made a shift towards 3D printing mobility solutions in 2019. The Superstrata electric bicycle became their foremost product, with manufacturing taking place in Arevo’s Vietnam facilities. Concurrently, Arevo continued to market Aqua machines in France, Japan, and elsewhere.

By 2021, Hemant Behda, the founder and CEO of Arevo, had left the company. A report from a Vietnamese news site, as noted by 3DPI, stated that Arevo’s Vietnamese facilities had stopped operations in 2023. From 2021 until 2023, the company was managed by Le Diep Kieu Trang, previously the CEO of Facebook Vietnam, and her husband Sonny Vu.

In certain ways, the recent developments at Arevo bear resemblance to another situation in the industry. The assets auction of Uniformity Labs, a company focused on producing metal powders for AM, highlights the dilemmas confronting startups in this sector. Sizeable changes in the sector are underway, with the ongoing larger macroeconomic environment inducing established companies to dismiss employees, while smaller startups are completely shutting down their operations.

Interestingly, Cincinnati Incorporated, which helped develop and manufacture the first large-scale chopped carbon fiber reinforced 3D printers, no longer sells its Big Area AM machines. Continuous Composites, a U.S. Air Force-supported startup developing continuous carbon fiber 3D printing technology not entirely dissimilar to that of Arevo, has not had as strong of a go-to-market strategy as might be otherwise expected. Meanwhile, other AM firms focused on chopped carbon fiber extrusion using industrial robotic arms, like Caracol, seem to be on the ascent.

Mergers and acquisitions are still expected, but it’s strange to see that, rather than Uniformity or Arevo outright acquired, their equipment is being sold at auction. It could be that potential buyers are struggling financially themselves and, therefore, unable to purchase entire businesses. There could also be other trends at work that aren’t fully clear related to the direction that carbon fiber 3D printing is taking. has reached out to Arevo for comment and will update the article if/when we receive a response.

Original source


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