
Shenzhen Capital leads Series C for miniature 3D printing player

Shenzhen Capital Group has led a USD 43m Series C round for China and US-based Boston Micro Fabrication (BMF), which specialises in microscale 3D printing systems.
BMF’s microArch systems uses a 3D printing approach called PμSL (projection micro stereolithography) that leverages light, customizable optics, a high-quality movement platform, and controlled processing technology. This allows the company to produce high-resolution 3D prints for product development, research, and industrial short-run production.
The technology is touted as an industry breakthrough because it empowers product manufacturers who are driven to miniaturize – including those in electronics and medical devices – to capitalise on the benefits of 3D printing without sacrificing quality or scale. Additive manufacturing adds the most value when used to produce parts that are expensive or difficult to make using conventional techniques.
BMF observed that demand for parts on the millimetre scale with micron level tolerance is on the rise. The company claims that, historically, there have been no 3D printing systems capable of producing at its level of quality while at the same time providing good throughput.
The investment comes during a time of significant growth, with BMF doubling its install base in the past year, according to a statement. Recent progress also includes the establishment of new facilities in Boston and Shenzhen, as well as Chongqing and Tokyo.
Shenzhen Capital invested USD 9m in the company in 2017, according to AVCJ Research. Previous backers include Shenzhen Green Pine Capital Partners, Haitong Capital Investment, Shenzhen Mobile Internet Alliance Capital Partners, and Zhangjiagang Industrial Capital Investment.
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