Inkbit, a provider of artificial intelligence and machine vision 3D printing technology, has recently received $ 12 million in equity financing rounds led by Stratasys and Royal DSM investment department DSM Venturing. It is reported that the funds will be used to help Inkbit accelerate the industrialization of its material injection additive manufacturing technology to meet the needs of multiple materials and mass production. At the same time, the investment will also help the company grow its lineup of 3D printing materials in the medical, life sciences and robotics fields, and install the first 3D printers.
Inkbit was established in 2017 as an independent company spun off from the Computer Science and Artificial Intelligence Laboratory of MIT. At present, the company has developed a non-contact material spraying process that can print with various production-grade materials at once. Inkbit's early high-end customers include well-known companies such as Johnson & Johnson. It is expected that the first commercial system will be launched for selected customers in 2021.
Ronen Lebi, Vice President of R & D at Stratasys, said: "As a pioneer in spray-based additive manufacturing solutions, we are pleased to help Inkbit bring its technology to the factory floor. Vision-based feedback control and artificial intelligence will enhance additive manufacturing A whole new level and will help make it widely used in production. "
Investors in this round of financing also include Ocado, 3M and Saint-Gobain. Including a round of financing at the end of 2017, Inkbit received a total of $ 28 million in financing.
In addition to financing, Inkbit will also welcome several new board members, namely Guy Menchik, Vice President of Stratasys R & D, Luda Kopeikina, Director of DSM Venturing, Paul Clarke, Chief Technology Officer of Ocado, and Magnus René, CEO of Ovzon.