Inkbit, a Medford, MA-based company that built a 3D printing system driven by vision-based feedback control, raised $30M in Series B financing.
The round was led by Phoenix Venture Partners.
The company intends to use the funds to boost production of its additive manufacturing system, Inkbit Vista, and grow the commercial team to support expansion into the APAC and EMEA regions.
Launched in February 2021 and led by Davide Marini, CEO, Inkbit enables rapid, on-demand manufacturing of multi-material, end-use products. Using computer science to improve manufacturing, the company developed a 3D printer powered by machine vision and real-time feedback control to meet the speed, precision and reliability requirements of volume production. The technology is based on research led by Prof. Wojciech Matusik and intellectual property licensed from MIT. Inkbit is a 2017 spinout of the Computer Science and Artificial Intelligence Laboratory (CSAIL) at MIT.