The Boston, Massachusetts-based additive manufacturing firm Rapid Liquid Print has secured USD7 million in Series A investment.
Investors
- HZG Group
- MassMutual
- BMW i Ventures
Use of funds
The money will be used by the company to develop new business sectors, grow the team of specialists behind the technology, and scale up manufacturing.
As a spin-off from the Massachusetts Institute of Technology (MIT), the business was established in 2015.
About Rapid Liquid Print
Rapid Liquid Print, led by CEO Schendy Kernizan, offers 3D printers that can create large-scale, soft, stretchy, high-resolution objects in a matter of minutes. The medical, automotive, and consumer goods industries are just a few of the businesses that employ the devices to print customer orders. The business has created a software platform to operate the print head inside the three-dimensional gel area in addition to printing technologies.