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Boston Micro Fabrication Secures $24M Series D Funding To Drive High Value Applications

Aug 10, 2023almost 2 years ago

Amount Raised

$24 Million

Round Type

series d

Boston3d Printing3d TechnologyBiotechnologyManufacturing

Investors

Guotai Junan Securities

Description

Boston Micro Fabrication (BMF), a leader in advanced manufacturing solutions for ultra-high precision applications, has raised a $24 million Series D round led by Guotai Junan Securities. With the funding, BMF will improve its innovative research and development, further promote and extend its terminal products, and strengthen its global collaborations across medtech and high-end manufacturing.

Company Information

Company

Boston Micro Fabrication

Location

Boston, Massachusetts, United States

About

Boston Micro Fabrication (BMF) specializes in micro precision 3D printing. The company’s microArch system uses a 3D printing approach called PμSL (Projection Micro-Stereolithography) that leverages light, customizable optics, a high quality movement platform and controlled processing technology to produce the industry’s most accurate and precise high-resolution 3D prints for product development, research and industrial short run production. The technology represents a true industry breakthrough by empowering product manufacturers to capitalize on the benefits of 3D printing without sacrificing quality or scale.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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