Boston Micro Fabrication secures $24M sequence D funding

Boston Micro Fabrication (BMF), a frontrunner in superior manufacturing options for ultra-high precision purposes, has raised a $24 million Sequence D spherical led by Guotai Junan Securities. With the funding, BMF will enhance its modern analysis and improvement, additional promote and lengthen its terminal merchandise, and strengthen its world collaborations throughout medtech and high-end manufacturing.

BMF was established in 2016 and is at the moment the one additive manufacturing firm able to producing the best precision on the 2μm scale. Practically 2,000 scientific analysis establishments and industrial enterprises from 35 nations around the globe are working with BMF to allow fast prototyping or for extra environment friendly manufacturing of micro-scale elements. The present funding comes only one 12 months after BMF accomplished a $42 million Sequence C spherical of financing in 2022.

“We’ve confirmed we are able to meet the wants of our prospects, however we all know that our expertise can do extra. 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 expertise,” mentioned John Kawola, CEO-World, BMF. “This funding ensures we are able to proceed our unwavering dedication to our prospects and companions, whereas giving us the assets to energy new innovation.”

To provide the business’s most correct and exact high-resolution 3D prints, BMF’s printers use Projection Micro Stereolithography (PμSL) expertise leveraging gentle, customizable optics, a high-quality motion platform, and managed processing expertise. By combining a number of efficiency supplies and associated post-treatment processes, BMF has developed a brand new precision manufacturing resolution.

“Miniaturization, precision, and complexity of units are the foremost developments in industrial improvement. Regardless of this market stress, conventional manufacturing processes wrestle on the smaller scale corporations at the moment are demanding,” mentioned Xiaoning He, co-founder and CEO, BMF. “BMF’s expertise can play a necessary position in assembly this want. With the continued assist of our buyers, we are going to proceed to empower and incubate merchandise in associated utility fields and collaborate extensively with our companions to advance micro-scale additive manufacturing.”