ARRIS, a manufacturer enabling the use of high-performance composites via additive manufacturing, has raised $88.5m in Series C funding.
Led by XN, the round saw participation from new and returning investors, including Modern Venture Partners, New Enterprise Associates (NEA), Taiwania Capital, Bosch, Valo Ventures, and Alumni Ventures Group.
The latest funding will be used to scale the company’s global operations to fulfil an increasing demand for medium- to high-volume production of products requiring ARRIS’ design and manufacturing capabilities.
ARRIS has now raised $147m to date, which includes support from strategic investors across the global manufacturing space, such as Standard Industries, Chuo Malleable Iron, and an undisclosed portable electronics company, in addition to Bosch.
“ARRIS’ additive moulding technology is transforming how next-generation products are made, enabling significant commercial and sustainability improvements across many of our most critical industries,” said Gaurav Kapadia, Founder of XN. “We are excited to partner with Ethan, Riley, and the entire ARRIS team as they dramatically expand the use of high-performance composite materials throughout the global economy.”
Founded in 2017, ARRIS pioneered the development of a patented end-to-end automated manufacturing technology that combines the best of advanced composites, additive and high-volume manufacturing methods to enable design latitudes not previously possible in mass-produced products.
In 2020, ARRIS expanded its R&D facility in Berkeley, California, to include a dedicated new product introduction centre for customers and U.S.-based production capacity. The ARRIS Taiwan production facility broke ground in 2020 and has nearly 45,000 square feet of additional capacity to serve key portable electronics customers who require product assembly overseas.
ARRIS serves world-class customers across the consumer products and sports, consumer electronics, aerospace, drone, government, industrial, and automotive industries. Recent partnerships exemplify the value ARRIS, and its technology can bring to customers:
Leading unmanned aerial vehicle (UAV) manufacturer Skydio announced the use of ARRIS parts in its Skydio X2 drone. ARRIS’ parts allow Skydio to reduce weight and thereby increase the speed and range of its high-performance drones.
The US Army’s Combat Capabilities Development Command Ground Vehicle Systems Center (DEVCOM GVSC) announced a partnership with the company to demonstrate significant vehicle weight reductions through part consolidation, topology optimisation, and an aligned continuous carbon fibre composite structure.
The compnay announced a research project with global commercial aircraft manufacturer Airbus focused on the production of cabin brackets. The project aims to demonstrate significant reductions in aviation emissions by leveraging innovative manufacturing methods and materials, including composites. Replacing metal brackets with ARRIS’ continuous fibre composite parts can achieve more than 75% weight savings, which translates into significant fuel savings.
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