TLDR:
- Inkbit, a company specializing in advanced additive manufacturing solutions, raised $19M in funding led by Ingersoll Rand.
- The funding will be used to expand operations and development efforts to accelerate product innovation.
Inkbit, based in Medford, MA, closed a $19M financing round led by Ingersoll Rand, with participation from several other investors including Future Labs Capital, GC Ventures America, and Stratasys. The company, led by CEO Davide Marini, provides a system designed for volume production of complex polymer 3D printed parts. This system incorporates a novel technology called Vision-Controlled Jetting (VCJ) to deliver a multi-material additive manufacturing solution.
As part of the funding round, Jason Weber from Ingersoll Rand and Henry Ford III from the Ford Motor Company will join the Inkbit Board of Directors. Marini expressed excitement about the partnership with Ingersoll Rand, highlighting the opportunity to learn from iconic names in American manufacturing and work towards creating the factories of the future.
This new funding is expected to help Inkbit expand its operations and development efforts to accelerate and simplify product innovation. The company aims to partner with manufacturers to develop new materials and processes and enable the rapid manufacturing of innovative products like complex industrial fluidics and bio-inspired robots.
