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Opt Industries Raises $15 Million In Series A To Address Demand For Novel Materials Design And Production

Mar 01, 2022over 3 years ago

Amount Raised

$15 Million

Round Type

series a

Medford

Description

OPT Industries (www.optindustries.com), the manufacturing technology startup behind the InstaSwabTM high-efficacy medical applicator, today announced it has raised $15 million in Series A financing led by global science- and technology-driven venture capital firm Northpond Ventures with participation from existing investors Crosslink Capital and the MIT-affiliated E14 Fund.

Company Information

Company

Opt Industries

Location

Medford, Massachusetts, United States

About

OPT combines computational design, automation engineering, and material science to design and manufacture highly customizable functional materials. Using its patented technology, OPT provides material solutions to customers across multiple industries that address their design, production, and supply chain needs. www.optindustries.com. SOURCE OPT Industries

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