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Faro

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Precision CNC machines and integrated software for eyewear.

Santa Maria di Sala, ItalyFounded 2003Semiconductors
Valuation $100–250M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Faro and the history behind them.

About Faro

Faro Srl, established in 2003, specializes in the design and manufacture of high-precision CNC milling and diamond-cutting machines. The company serves the jewelry and eyewear industries with integrated, proprietary CAD/CAM software solutions developed entirely in-house. This vertical integration of hardware and software is a key strategic advantage, ensuring seamless synchronization and performance.

The company was founded by a team of professionals with over two decades of experience in the CNC machinery and software development sectors. While the specific founders are not publicly named, their expertise laid the groundwork for the company's focus on creating solutions that enhance versatility and productivity for its clients. Based in Santa Maria di Sala, Italy, Faro operates with a team of 21-50 employees and has an estimated annual revenue of around $3.5 million. In April 2026, Faro entered a new strategic phase after being acquired by EssilorLuxottica, a move expected to accelerate development while preserving the company's operational identity.

Faro's business model centers on selling complete manufacturing systems, including the machinery and the software to operate it. Its product lineup includes multi-axis CNC machining centers like the F1 TRS, F5 THS, and F35 Lens, which are engineered for specific tasks such as reworking temples and faceplates, engraving, milling, and high-precision lens shaping for the eyewear industry. The machinery is driven by Faro’s proprietary software suite: 'Pigreco' for CAD/CAM design and 'Skipper' for the CNC interface. Pigreco is a 2D-based system that simplifies the creation of complex designs and automates the generation of toolpaths, supporting various industry-standard file formats. Skipper acts as the command center for the machine, managing job execution, monitoring parameters, and offering features like remote diagnostics and batch creation for mass production.

The company's primary clients are manufacturers in the high-end jewelry and eyewear markets, including globally recognized brands. Faro provides not just the equipment but also comprehensive support, including training through its Faro Academy platform and direct technical assistance. By focusing on these specialized niches, Faro has installed over 800 machines worldwide and has become a strategic partner for major industry players.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2003
Headquarters
Santa Maria di Sala, Italy
Employees
44
Open positions
None listed
Dealroom signal
33.5/100
Industry
Semiconductors
Sector
Semiconductors, Industrial Robotics, Manufacturing and Assembly Robots, Electronic Design Automation (EDA)
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Aug 2026 $37M $148M Undisclosed ↗
ACQUISITION✓Exit Apr 2026 $0 — EssilorLuxottica ↗
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Growth signals

Faro website traffic

Latest recorded traffic for Faro is 1.4K monthly website visits, down 30% over the last three months.

Latest monthly visits1.4K 3-month web change-30%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors1 additional known investor

  • EssilorLuxottica
Employees 44 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇹 Italy90.5%
🇦🇷 Argentina9.5%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Faro on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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