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Inkbit Secures $19M Financing for Advanced Additive Manufacturing

May 7, 2024

Inkbit has finalized a $19M financing round, spearheaded by Ingersoll Rand. The investment will propel Inkbit’s innovative multi-functional additive manufacturing technology to new levels of commercialization .

The cornerstone of Inkbit’s approach is Vision-Controlled Jetting (VCJ), a system designed to accelerate product development cycles by seamlessly transitioning from prototyping to production. By combining advancements in computation, chemistry, and process control, VCJ empowers rapid manufacturing of intricate products, from complex industrial fluidics to bio-inspired robots.

Inkbit Secures $19M Financing for Advanced Additive Manufacturing
Inkbit’s tech. (Image Credit: Inkbit)

“From the moment we met with the extraordinary Inkbit team and saw its novel Vision-Controlled Jetting (VCJ) technology, we wanted to be part of the journey to drive commercialization and adoption across life science and industrial applications,” said Vicente Reynal, Chairman and Chief Executive Officer of Ingersoll Rand.

“Together, we can transform how the industry thinks about component manufacturing and accelerate innovation.”

Inkbit’s VCJ technology is poised to revolutionize the way we think about product design and manufacturing, especially in fields that require multi-step assembly processes and complex supply chains. Inkbit’s technology opens new possibilities in fields like robotics, healthcare, mobility, industrial automation and defense. Inkbit partners with industry-leading companies to enable the next generation of products.

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About the author | Phillip Keane
Phillip is an aerospace engineer from UK. He is a graduate of Coventry University (UK), International Space University (France) and Nanyang Technological University (Singapore), where he studied Advanced Manufacturing at the Singapore Centre for 3D Printing.
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