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

Visa Launches Validator Node on Tempo Blockchain, Strengthening Payments Infrastructure

New validator node aims to boost transaction efficiency for Visa services.Highlights: Visa launches a new validator node on...

Amex Launches Agentic Commerce Development Kit to Strengthen Merchant Services

New toolkit aims to enhance payment solutions for businesses.Highlights: Amex unveils Agentic Commerce Development Kit for merchants.The toolkit...

Hokodo B2B Buy Now Pay Later App Shuts Down

The closure impacts small businesses utilizing Hokodo’s service.Highlights: Hokodo, the B2B Buy Now Pay Later app, has ceased...

Deutsche Börse Invests in Kraken, Strengthening Crypto Market Position

The investment aims to enhance Kraken's offerings and expand market access.Highlights: Deutsche Börse invests in Kraken to boost...