U.S.-based Boston Micro Fabrication (BMF), which specializes in microscale 3D printing, has raised million in a Series D funding round. The round was led by Chinese investment firm Guotai Junan Securities.
BMF plans to use the fresh capital primarily to further advance its research and development. In addition, new end products are to be developed for customers in the medical technology, dental and electronics industries.
BMF relies on Projection Micro Stereolithography (PμSL) technology to produce particularly precise 3D prints in the micrometer range. According to the company, which was founded in 2016, it is currently the only company that can achieve such a high level of detail of up to 2 micrometers.
With this targeted funding, BMF aims to drive innovation in micro 3D printing. Already, nearly 2,000 research institutions and companies worldwide are working with BMF’s systems. The new financial injection is intended to help further expand this customer base.
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