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