MILANO, Italy / AUSTIN, TX – Caracol, a large-format robotic manufacturing company, has announced the closing of its $40 million Series B round. These international funds, together with leading Italian institutional investors, will accompany Caracol into its next phase of global growth, alongside continued backing from long-standing shareholders. Thanks to a massive oversubscription, this round also enabled some early investors to exit with significant returns, underscoring the strong appetite shown by institutional players to invest in Caracol’s next chapter.
This new funding will further accelerate Caracol’s global scaling and international expansion. The company will cement its leadership in Europe, the United States, and the Middle East while expanding further into high-growth markets such as Asia Pacific, building on the strong traction it has already achieved in Japan. On the technology side, Caracol will deepen the capabilities of its multi-process, multi-material platforms, with a focus on software, automation, and artificial intelligence to deliver data-driven process control and unmatched quality.
The company will also intensify the ramp-up of its metal additive manufacturing technologies, particularly in highly regulated sectors such as aerospace and defense, energy, and maritime, while continuing to expand its polymer offering in key verticals such as transportation, construction, and architecture. Finally, Caracol will continue growing its global team, bringing on board top international talent to drive innovation and scale up. As of today, the company employs over 100 people, across three offices in Milan (Italy), Austin (USA), and Dubai (UAE), and has a global footprint with a presence in over 50 countries.
Recent milestones include the expansion of Caracol’s headquarters in Texas, strengthening its North American presence and creating a hub for local manufacturing of its technology for the region. The new funding also builds on the strategic acquisition of Hans Weber Maschinenfabrik GmbH’s additive robotic IP and technologies in Germany, reinforcing Caracol’s European technology base and enhancing its supply capabilities across the DACH region.
Francesco De Stefano, CEO and co-founder of Caracol, said, “This Series B represents a generational step for Caracol. In just a few years we’ve built strong global traction, doubling revenues year after year. This round validates our vision and the outstanding execution of our team, while bringing on board some of the world’s leading deep-tech investors. With their support, we’re ready to accelerate our global scale-up and help advanced industries strengthen supply-chain and manufacturing resilience through the flexibility, efficiency, and sustainability of our technology.”
