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.
BMF was established in 2016, and claims to
be the only 3D printing company capable of producing precision at the 2µm
scale. Nearly 2000 scientific research institutions and industrial enterprises
form 35 countries are working with BMF to enable rapid prototyping or for more
efficient production of micro-scale parts according to the company.
In 2022, BMF completed a Series C funding
round of 42 million USD.
“We’ve proven we can meet the needs of our
customers, but we know that our technology can do more,” said BMF CEO of Global
Operations John Kawola. “Through our Research Institute in San Diego and
multiple efforts on other projects being developed globally, we’re entering an
era of self-driven innovation to identify new opportunities that are uniquely
enabled by our technology. This funding ensures we can continue our unwavering
commitment to our customers and partners, while giving us the resources to
power new innovation.”
Xiaoning He, Co-Founder and CEO of BMF
added: “Miniturisation, precision, and complexity of devices are the major
trends in industrial development. Despite this market pressure, traditional
manufacturing processes struggle at the smaller scale companies are now
demanding. BMF’s technology can play an essential role in meeting this need.
With the continued support of our investors, we will continue to empower and
incubate products in related application fields and collaborate extensively
with our partners to advance micro-scale additive manufacturing.”
Kawola spoke to TCT in November 2022 about
the launch of the company’s newest 3D printer, the microArch S350, a 25µm