Nvbots, a Boston, MA-based provider of automated 3D printing solutions, raised a Series A financing of undisclosed amount.
The round was led by Woodman Asset Management.
The company intends to use the funds to accelerate sales of its NVPro plastics printers and develop its new multi-metal printers.
Led by newly appointed CEO Duncan McCallum, Nvbots provides automated 3D printing solutions that deliver parts in a wide range of both metals and plastics. The company’s plastic printer offers an automated part removal paired with cloud software that allows users to print parts anytime, from any cloud-connected device – while providing administrators with full workflow control.
Metal printers, currently in development, leverage the NVPro platform with proprietary Metal Additive Deposition (MAD) process, which uses ordinary wire rather than powders to deliver higher speed, lower cost, and lower power consumption than competing 3D metal printing technologies.
Nvbots founding CEO AJ Perez has been named as Chairman.