/Companies

Fast Radius

acquired by Sybridge

Chicago, US · Founded 2014 · Delaware corporation · 11 known investors

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Fast Radius was a Chicago-based digital manufacturing company offering on-demand 3D printing, CNC machining, and injection molding through a cloud manufacturing platform. After filing for bankruptcy in 2022, its assets were acquired by SyBridge Technologies.

Founders & leadership

Fast Radius was founded in 2014 by Lou Rassey.

LRLou Rassey
Lou RasseyFounder
DM
Davd Mitchell FreeExecutive
PMPat McCusker
Pat McCuskerExecutive
DM
David Mitchell FreeExecutive

Board

RA
Richard A. SmithBoard director
DC
David CrowderBoard director
NSNick Solaro
Nick SolaroBoard directorPartner at Drive Capital
CC
Charlie CovertBoard director

Investors · 11

Also in the syndicate · 3

United Parcel ServiceleadUnited Parcel Service (UPS)leadUPSlead

Reported raises · per SEC filings

Form D private placements

$56.8M disclosed across 2 of 4 rounds · 2014–2019

▶$48MraisedApr 2019 · 8 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Nick SolaroDirector
  • Pat McCuskerExecutive Officer
  • Lou RasseyExecutive Officer, Director
  • Charlie CovertDirector
Amount sold
$48M
First sale
Mar 2019
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$8.8MraisedNov 2017 · 10 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Nick SolaroDirector
  • Lou RasseyExecutive Officer, Director
  • Charlie CovertDirector
  • Pat McCuskerExecutive Officer, Director
  • Rick SmithExecutive Officer
Offering amount
$13.1M
Amount sold
$8.8M
Minimum investment
$65.3K
First sale
Nov 2017
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.5MofferedJan 2016 · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard A. SmithDirector
  • David CrowderDirector
  • Davd Mitchell FreeExecutive Officer
Offering amount
$2.5M
Minimum investment
$50K
Incorporated
Limited Liability Company, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.5MofferedNov 2014 · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David CrowderDirector
  • David Mitchell FreeExecutive Officer
  • Richard A. SmithDirector
Offering amount
$1.5M
Minimum investment
$25K
Incorporated
Limited Liability Company, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 4

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In the news

Frequently asked questions

What does Fast Radius do?
Fast Radius was a Chicago-based digital manufacturing company offering on-demand 3D printing, CNC machining, and injection molding through a cloud manufacturing platform. After filing for bankruptcy in 2022, its assets were acquired by SyBridge Technologies.
Who founded Fast Radius?
Fast Radius was founded by Lou Rassey in 2014.
Who are Fast Radius's investors?
Fast Radius's investors include Alumni Ventures, ATEL Ventures, Drive Capital, Hyde Park Venture Partners, Tech Square Ventures, Energize Capital, Jump Capital, Skydeck Capital.
How much funding has Fast Radius raised?
Fast Radius has disclosed $56.8M raised across 2 of its 4 known rounds.
Who acquired Fast Radius?
Fast Radius was acquired by Sybridge.
Where is Fast Radius headquartered?
Fast Radius is headquartered in Chicago, US.