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