Caracol, a large-format robotic manufacturing company, has announced the closing of its $40 million Series B round from international funds and leading Italian institutional investors. The funding will accompany Caracol into its next phase of global growth alongside continued backing from long-standing shareholders, with the oversubscribed round enabling some early investors to exit with significant returns, underscoring strong institutional appetite for the company’s expansion.
The new funding will accelerate Caracol’s global scaling and international expansion, cementing leadership in Europe, the United States, and the Middle East while expanding into high-growth markets including Asia Pacific, building on strong traction in Japan. The company will deepen capabilities of its multi-process, multi-material platforms with focus on software, automation, and artificial intelligence to deliver data-driven process control and quality, while intensifying ramp-up of metal additive manufacturing technologies for highly regulated sectors including aerospace, defense, energy, and maritime.
Caracol currently employs over 100 people across three offices in Milan, Austin, and Dubai, with a global footprint spanning over 50 countries. Recent milestones include expansion of the company’s Texas headquarters, strengthening North American presence and creating a hub for local manufacturing, plus the strategic acquisition of Hans Weber Maschinenfabrik GmbH’s additive robotic IP and technologies in Germany, reinforcing European technology base and enhancing supply capabilities across the DACH region.
“This Series B represents a generational step for Caracol. In just a few years we’ve built strong global traction, doubling revenues year after year,” said Francesco De Stefano, CEO and co-founder of Caracol. “This round validates our vision and the outstanding execution of our team, while bringing on board some of the world’s leading deep-tech investors. With their support, we’re ready to accelerate our global scale-up and help advanced industries strengthen supply-chain and manufacturing resilience through the flexibility, efficiency, and sustainability of our technology.”
The funding positions Caracol to expand its polymer offering in key verticals including transportation, construction, and architecture while growing its global team with top international talent to drive innovation and scale operations across its established markets and new territories.
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