Quick Summary
• Cantor Fitzgerald is showing up across two advanced manufacturing deals at the same time, acting as sole book-runner on a $50 million stock raise by Velo3D and also involved in...
Additional Context
Cantor Fitzgerald is showing up across two advanced manufacturing deals at the same time, acting as sole book-runner on a $50 million stock raise by Velo3D and also involved in the initial public offering (IPO) of Elmet Group. The two moves point to growing activity around financing companies tied to aerospace, defense, and high-performance manufacturing, where scaling technology into real production still depends on capital and strong financial backing.
Velo3D Raises $50M as It Pushes Toward Production
Velo3D raised $50 million by selling new shares, pricing 3.57 million shares at $14 each, with Cantor Fitzgerald acting as the sole book-running manager for the offering. The company expects the deal to close at the end of April and plans to use the proceeds for working capital and genera