Rosotics: Raises $750K in Pre-Seed Funding

Rosotics Raises $750K in Pre-Seed Funding

  • Rosotics, a Mesa, AZ-based additive manufacturing company, raised $750K in Pre-Seed funding
  • The round was led by Draper Associates with participation from Correlation Ventures, Vibe Capital, and Sequoia Capital
  • The company intends to use the funds to accelerate growth and expand operations
  • The company is advancing Rapid Induction Printing,™ based on biomimicry, which requires less power than existing methods of metal 3D printin
  • The company proprietary printing system, called ‘Mantis,’ when fully deployed, can print items larger than any other 3D printer to date
  • In fact, Mantis (Generation 1) will be capable of printing from 1.5m (5′) up to 8m (26′) in diameter, and up to 9m (30′) in height in aerospace-grade aluminum and steel
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Nium Launches Dual-Network Stablecoin Card Issuance Platform

New platform aims to streamline stablecoin card issuance and enhance user experience.Highlights: Nium unveils a new platform for...

Wise Launches UK Current Accounts, Expanding Financial Services

The new accounts aim to simplify banking for UK customers.Highlights: Wise introduces current accounts to UK market.The new...

Lloyds Bank Strengthens Research on AI Impact in Software Engineering

The collaboration aims to explore the future of technology in banking.Highlights: Lloyds Bank partners with the University of...

Valt Bank Secures De Novo Bank Charter, Expanding Banking Options

New bank charter enables Valt Bank to offer innovative financial services.Highlights: Valt Bank has been granted its de...