Impossible Objects Secures $40 Million in Series B Funding
Impossible Objects, a Northbrook, Illinois-based company specializing in Composite-Based Additive Manufacturing (CBAM) technology, has raised $40 million in a Series B funding round. The round was led by Inflection Equity, with participation from Aaron Wealth Management, OCA Ventures, Impact Capital, and Excell Partners.
Company Overview
Impossible Objects is at the forefront of industrial 3D printing, leveraging its proprietary CBAM technology to produce strong, lightweight parts using advanced composite materials like carbon fiber. The technology is designed to tackle the limitations of traditional 3D printing by enhancing production speed and material capabilities while reducing costs.
Leadership Insights
The company was founded by Robert Swartz, who serves as the Chairman. Steve Hoover, the CEO, has been instrumental in driving the company forward with its innovative manufacturing processes.
Use of Funds
The newly acquired funds will be directed towards scaling the CBAM technology and expanding its industrial production capabilities. The focus will be on serving sectors such as aerospace, defense, and advanced manufacturing. Impossible Objects plans to enhance its production systems, including the CBAM 25, which can print up to 25 layers per minute—about 15 times faster than competing technologies.
Market Deployment
Since launching the CBAM 25 in early 2025, Impossible Objects has received orders from notable clients, including the U.S. Air Force and the U.S. Army Rock Island Arsenal. The technology supports the production of up to 10,000 drone bodies per month at Rock Island Arsenal. Additionally, the company has secured $20 million in U.S. government contracts to further develop applications involving high-strength drones and composite materials.
By expanding its footprint in crucial industries, Impossible Objects aims to redefine the landscape of additive manufacturing with its cutting-edge technology.