Boston Micro Fabrication (BMF), a specialist in 3D printing options for top precision functions, has raised a 24 million USD Collection D funding spherical led by Guotai Junan Securities. The funding might be utilized by BMF to enhance its analysis and growth, additional promote and lengthen its terminal merchandise, and to strengthen its international collaborations throughout medtech and high-end manufacturing.
BMF was established in 2016, and claims to be the one 3D printing firm able to producing precision on the 2µm scale. Almost 2000 scientific analysis establishments and industrial enterprises kind 35 nations are working with BMF to allow fast prototyping or for extra environment friendly manufacturing of micro-scale components in accordance with the corporate.
In 2022, BMF accomplished a Collection C funding spherical of 42 million USD.
“We’ve confirmed we will meet the wants of our clients, however we all know that our know-how can do extra,” stated BMF CEO of International Operations John Kawola. “By our Analysis Institute in San Diego and a number of efforts on different initiatives being developed globally, we’re getting into an period of self-driven innovation to establish new alternatives which are uniquely enabled by our know-how. This funding ensures we will proceed our unwavering dedication to our clients and companions, whereas giving us the sources to energy new innovation.”
Xiaoning He, Co-Founder and CEO of BMF added: “Miniturisation, precision, and complexity of units are the main developments in industrial growth. Regardless of this market strain, conventional manufacturing processes battle on the smaller scale corporations at the moment are demanding. BMF’s know-how can play an important function in assembly this want. With the continued assist of our buyers, we are going to proceed to empower and incubate merchandise in associated software fields and collaborate extensively with our companions to advance micro-scale additive manufacturing.”
Kawola spoke to TCT in November 2022 in regards to the launch of the corporate’s latest 3D printer, the microArch S350, a 25µm decision system.
