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Private companiesTracked

VulcanForms

Devens, MA

VulcanForms makes metal parts in its own U.S. factories, combining laser powder bed metal 3D printing, precision machining, automation, inspection and its own software in one workflow. It serves medical, consumer, aerospace, defense and industrial customers.

Profile

What it builds and who buys it

  • ·Its printers run hundreds of synchronized laser weld tracks in each layer of a laser powder bed fusion build.MIT News, Nov 28, 2022
  • ·It runs VulcanOne in Devens and VulcanTwo in Newburyport, Massachusetts, and is building VulcanThree.VulcanForms (company blog), Jan 30, 2026
  • ·It plans a VulcanForms Campus with dedicated buildings that turn titanium, nickel, aluminum, copper and other alloys into powder for its own printers.VulcanForms (company blog), Jan 30, 2026
  • ·The Boston Globe reported a 500-person workforce that the chief executive expects could double within a year, a second plant opened in Devens, and three more plants in the works.The Boston Globe, Oct 5, 2026
  • ·Massachusetts officials pledged up to $21 million in tax credits in June 2026, according to the Boston Globe.The Boston Globe, Oct 5, 2026
  • ·The company said in January 2026 that customer demand had exceeded its production capacity for the first time.3DPrint.com, Feb 3, 2026
  • ·VulcanForms and Specter Aerospace plan a dedicated facility for full-rate production and all-up-round integration of low-cost hypersonic munitions, interceptors and cruise missiles.VulcanForms (company release), Sep 15, 2026
  • ·Kevin Kassekert is chief executive. The board recruited him in 2024, after he helped build Tesla’s first gigafactory and worked four years at Redwood Materials.The Boston Globe, Oct 5, 2026

Founders and leadership

  • John HartCo-founder and board member

    An MIT engineering professor who developed the company’s technology with Feldmann in the 2010s.The Boston Globe, Oct 5, 2026

  • Martin FeldmannCo-founder

    Earned a master of engineering at MIT in 2014, took Hart’s additive manufacturing class, and worked as a research specialist in Hart’s lab before building the first printer prototype.MIT News, Nov 28, 2022

Funding

Last valuation

No citable valuation

Last round or tender

$220Mraised

Series DVulcanForms (company release), Jan 30, 2026

The company’s release calls it an oversubscribed $220 million financing round and does not name the series; 3DPrint.com reported it as a Series D. Led by Eclipse and 1789 Capital, with Washington Harbour, Fontinalis, IEQ Capital and others. No valuation was stated.

Latest revenue figure

—

Valuation to revenue

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Post-money valuation by round

Fewer than two dated figures on file to plot; the table carries what there is.

DateRoundRaisedPost-money
Jan 30, 2026Series DThe company’s release calls it an oversubscribed $220 million financing round and does not name the series; 3DPrint.com reported it as a Series D. Led by Eclipse and 1789 Capital, with Washington Harbour, Fontinalis, IEQ Capital and others. No valuation was stated.$220M—

Primary capital across the rounds on file: $220M

Revenue

No citable revenue figure on file.

Secondary venues

  • Caplightpublic page seen Oct 15, 2026

    No price on the public page.

    No public MarketPrice; historical pricing is behind a login. The page shows Caplight’s last-round figures, the January 2026 Series D with a $1 billion estimated valuation, an aggregator’s figure that no cited source states.

A venue is listed when its public page named the company on the date shown. A price is the figure that page showed, under the venue’s own name for it and dated as the venue dated it; it is a level the venue publishes, not a trade. Nothing is recorded from behind a login.

Reads

Tracked only. No read has been prepared for this company; the figures above are the record.

Sources

Researched Oct 15, 2026