Nvidia-backed startup Seurat hints at IPO after $99 million fundraise


Source: finance.yahoo.com finance.yahoo.com

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3D metal-printing startup Seurat Technologies on Monday hinted at potentially going public in the medium-term and said it had raised $99 million in a funding round co-led by chip designer Nvidia's venture capital arm. Nvidia's stock price was up over 1% premarket on Monday. With the latest series C funding round, the company's valuation will approach $350 million, said a source who asked not to be named. "I expect that (going public) is in our cards ... 12-18 months is the earliest we would consider that ... potentially more like 24 or 36," Seurat CEO James DeMuth told Reuters in...