FinTechFunding

Inkbit: Raises $30M in Series B Funding

Inkbit Raises $30M in Series B Funding

  • Inkbit, a Medford, MA-based company that built a 3D printing system driven by vision-based feedback control, raised $30M in Series B financing
  • The round was led by Phoenix Venture Partners
  • The company intends to use the funds to boost production of its additive manufacturing system, Inkbt Vista
  • The company enables rapid, on-demand manufacturing of multi-material, end-use products
  • The company developed a 3D printer powered by machine vision and real-time feedback control to meet the speed, precision and reliability requirements of volume production
  • The technology is based on research led by Prof. Wojciech Matusik and intellectual property licensed from MIT
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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