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Fast Radius, founded in 2017 and headquartered in Chicago, Illinois, is a cloud manufacturing and digital supply chain company. Operating under the NASDAQ ticker FSRD, Fast Radius offers a range of services including carbon digital light synthesis, multi-jet fusion, additive plastic and metal manufacturing, and computer numerical control machining. The company has positioned itself as an innovator in the digital manufacturing space, leveraging advanced technologies to provide efficient and flexible production solutions.
Since its inception, Fast Radius has shown growth potential, having raised a total of $71.5 million in funding. This financial backing suggests investor confidence in the company's business model and market position. Fast Radius's focus on digital manufacturing aligns with the increasing demand for agile and technologically advanced production processes across various industries.
It's important to note that in December 2022, Fast Radius was acquired by SyBridge. This acquisition may have significant implications for the company's future direction and potential public offering plans. However, as of now, there is no concrete information available regarding Fast Radius's IPO prospects or timeline.
For investors interested in the digital manufacturing sector, it's advisable to keep an eye on Fast Radius's developments and any official announcements regarding its future plans. As with any investment opportunity, thorough research and consideration of market conditions are essential before making any decisions.
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While Fast Radius's IPO prospects remain uncertain, investors interested in the additive manufacturing and digital production space don't have to wait. At Linqto, we offer members access to interests in promising pre-IPO private companies, including potential leaders in advanced manufacturing technologies. Our platform allows you to diversify your portfolio with lower minimum investments, potentially benefiting from the growth of innovative companies like Fast Radius before they go public.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.
