$500M Round Enables VulcanForms to Add 3 New AM Factories, Double Its Workforce

With its latest funding round of $500 million , following a funding round just 10 months ago in which it brought in $220 million , Massachusetts-based VulcanForms now has cumulative all-time funding of just over a billion dollars. But, as striking as those figures are, they’re not the most important numbers to take away from the news of VulcanForms’ latest haul. The round, led by JPMorganChase through its $1.5 trillion Security and Resiliency Initiative (SRI), as well as by Apollo Global Management , will facilitate VulcanForms’ building of three new factories, doubling its number of manufacturing sites. It also allows the company to double its workforce by the end of 2027, from 500 to 1,000. Those are all impressive numbers as well, but again, they’re still not the most important ones. The most important number isn’t a specific figure at all, it’s a description: “multibillion,” which is the dollar value of the commercial programs that VulcanForms’ manufacturing capacity is already tied to. Just as significant is that those contracts span several different industries.