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Boston Micro Fabrication secures $24m funding to improve R&D and strengthen medtech collaborations

Boston Micro Fabrication (BMF), a specialist in 3D printing solutions for high precision applications, has raised a 24 million USD Series D funding round led by Guotai Junan Securities. The funding will be used by BMF to improve its research and development, further promote and extend its terminal products, and to strengthen its global collaborations across medtech and high-end manufacturing.

Boston Micro Fabrication Secures $24M Series D Funding to Drive High Value Applications

Boston Micro Fabrication (BMF), a leader in advanced manufacturing solutions for ultra-high precision applications, has raised a $24 million Series D round led by Guotai Junan Securities. With the funding, BMF will improve its innovative research and development, further promote and extend its terminal products, and strengthen its global collaborations across medtech and high-end manufacturing.

Assessing Industry Consolidation in 3D Printing and its Impact on the Market

Additive manufacturing as an industry continues to expand, both in terms of investment in equipment and software, the introduction of new materials, and advancement of more complete services. However, the boom we saw a decade ago has likely reached its peak, with availability and options outpacing demand. As a result, the industry will be forced to consolidate, as we recently saw in the merger announcement between Stratasys and Desktop Metal.

How to Build Tiny Products by Using Microfabrication Techniques

Boston Micro Fabrication uses projection micro stereolithography (PµSL) for microfabrication in 3D printing. This digital micro-display technology provides stereolithography masks that work as virtual photomasks. This technique allows for rapid photopolymerization of an entire layer with a flash of UV illumination at micro-scale resolution. The mask can control individual pixel light intensity that allows control of the material properties of the fabricated structure with spatial distribution.

JOHN KAWOLA, CEO OF BOSTON MICRO FABRICATION, INSIGHTS FROM OVER TWO DECADES IN THE 3D PRINTING INDUSTRY

Boston Micro Fabrication (BMF) has positioned itself uniquely in the 3D printing sector, filling a gap for ultra-high resolution 3D printing with a focus on Projection Micro Stereolithography (PµSL). This additive technology, with its emphasis on precision and dimensional accuracy, was inspired by the void in the market between existing DLP (Digital Light Processing) and nanotechnology-based companies.