Press Release
Source: TechCrunch
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Meyer
06.09.26
Pillsbury advised Marlinspike, a veteran-led venture capital fund, on leading a $42 million Series A funding round for Layup Parts, a Huntington Beach, California-based manufacturing startup that automates the production and procurement of custom composite components.
Marlinspike was joined in the financing by existing investors Founders Fund and Lux Capital, as well as new investors Cerberus Ventures and Pinegrove Venture Partners.
Marlinspike invests in “dual-use” technologies that address critical national security challenges while creating innovative commercial applications. As a multi-stage investor focused on advanced technologies, the company concentrates on four core sectors: AI and data analytics, autonomy and robotics, aerospace and cybersecurity.
According to a recent TechCrunch report, Layup Parts plans to use the new capital to expand its workforce and move into a larger facility this year. Co-founder and CEO Zach Eakin said the company’s long-term goal is to make ordering custom parts made of carbon fiber and fiberglass as easy and accessible as ordering standard parts.
Click here to learn more.
The Pillsbury deal team was led by Emerging Companies & Venture Capital practice leader Steve Ryan and Corporate associate Thomas Burnham.