The current possibilities and constraints for tooling made by the application of Laser-based Powder Bed Fusion (L-PBF) is at the focus of this presentation. Design and manufacturing of production tools & dies for cold and hot working and injection molding are addressed. Solid and topology optimized tools are tested, compared with the conventionally designed and manufactured version of the same tools, and certified. The current possibilities and constraints are addressed from the material, technological and industrial perspectives. The current manufacturing readiness level and the industrialization status of metal additive manufacturing through L-PBF are evaluated.