Boston Micro Fabrication, a 3D printing company, has secured $24 million in their Series D round of funding.

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Boston Micro Fabrication (BMF), a leading 3D printing original equipment manufacturer (OEM) specializing in microscale platforms, has successfully raised $24 million in its Series D financing round. This comes shortly after the company’s $43 million Series C round in July 2022. The latest round was led by Guotai Junan Securities Co., one of China’s largest investment banks.

BMF’s decision to raise funds was driven by its goal to strengthen its global collaborations and bolster its marketing efforts. The company also plans to invest in its robust research and development (R&D) program, particularly in its unique Projection Micro Stereolithography (PµSL) technology. The funding will support BMF’s R&D centers in Boston, Tokyo, Chongqing, and Shenzhen. Additionally, BMF recently opened the San Diego Research Institute (SDRI) in September 2022.

BMF’s microArch 3D printers provide an impressive micrometer (μm) resolution, making them the highest-resolution 3D printing platform currently available. With the capability to produce parts with features as small as 2μm, BMF possesses a significant advantage in industries that prioritize precision, such as medical devices, microfluidics, and electronics.

John Kawola, BMF’s CEO-Global, expressed his confidence in the company’s ability to meet customer needs while acknowledging the potential for further technological advancements. He stated, “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.”

BMF’s co-founder and CEO, Xiaoning He, emphasized the increasing demand for miniaturization, precision, and complexity in industrial development. He believes that traditional manufacturing processes struggle to meet the needs of smaller-scale companies, making BMF’s technology crucial in addressing these challenges.

While BMF primarily works with polymers for its 3D printing platforms, two of its printers, including the high-resolution microArch S230, are also compatible with ceramics. This not only presents growth potential in the semiconductor sector but also leaves room for the exploration of a broader range of materials in the future.

Furthermore, BMF’s focus on its R&D center in San Diego is noteworthy, considering the city’s significance in the US semiconductor ecosystem. The announcement of the funding round, coming just after an executive order by the Biden administration targeted US investments in high-tech areas, including chips and microelectronics, highlights BMF’s resilience and the importance of its technology in the emerging era of US chip manufacturing.

Despite uncertainties in the global market, BMF’s operations are globalized, with two R&D centers in China, including one in Shenzhen, known as the “Chinese Silicon Valley.” The fact that the Series D round was led by a major Chinese investment bank may suggest the success of the Biden administration’s efforts to bring certain areas of US manufacturing back into the domestic ecosystem.

In summary, BMF’s recent funding round will enable the company to further enhance its R&D capabilities, strengthen collaborations, and expand its presence in high-value sectors like medtech. With its advanced microArch 3D printers and focus on precision, BMF is poised to play a significant role in industries that prioritize accuracy and complexity in their products. As the company continues to drive innovation, its technology may prove instrumental in shaping the future of US chip manufacturing.

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