Boston Micro Fabrication (BMF), the pioneer in microscale 3D printing systems, announced the successful completion of a $43 million Series C round of funding. Shenzhen Capital Group Co., Ltd. (“SCGC”) led the round.
When used to produce parts that are expensive or difficult to make using traditional techniques, additive manufacturing has proven to add the most value. Previously, those parts were typically divided into two categories: low volume and/or high geometric complexity.
BMF – A leader in Microscale 3D Printing technology
BMF has been addressing another market need since its inception in 2016: small, high precision parts. The demand for millimeter-scale parts with micron-level tolerance is increasing, and historically, no additive manufacturing systems were capable of producing at this level of quality while also providing good throughput.
BMF has altered that paradigm with its microArch 3D printing systems, which are based on patented Projection Micro Stereolithography (PSL) technology, allowing ultra-high-resolution parts (down to 2m) to be 3D printed with unparalleled accuracy, precision, and speed.
The investment comes at a time when the company is experiencing rapid growth. BMF has more than doubled its install base in the last year, with systems installed at over 200 customer locations worldwide, bringing high precision additive manufacturing capabilities to industries driven by miniaturisation, such as electronics, medical devices, optics/photonics, microfluidics, and advanced research. In addition, the company recently expanded its global operations by opening new state-of-the-art facilities in Greater Boston and Shenzhen, China, with additional locations in Chongquing, China, and Tokyo, Japan.
“Our business has scaled strongly, and we plan to use new capital to further expand our capability. Our global reach has been appreciated and valued by our customers, and our systems are now being used all over the world to both prototype parts that previously could not be 3D printed and drive end-use part production where conventional methods are difficult.”– John Kawola, CEO of BMF
As the company continues to expand and serve its global customer base, BMF will use the funding to advance product development, sales and marketing, and customer support.
About BMF: Boston Micro Fabrication (BMF) is a micro precision 3D printing company. The microArch systems employ a 3D printing technique known as PSL (Projection Micro Stereolithography), which employs light, customizable optics, a high-quality movement platform, and controlled processing technology to produce the industry’s most accurate and precise high-resolution 3D prints for product development, research, and industrial short run production.
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