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

Taurus and Blockdaemon Strengthen Staking in Institutional Banking

New partnership enhances crypto staking options for financial institutions.Highlights: Taurus and Blockdaemon announce a partnership for crypto staking.The...

Digital Savings Platform Tembo Raises $16 Million to Expand Services

Funding will support growth and enhance service offerings for customers.Highlights: Tembo raises $16 million in funding.Focus on enhancing...

HSBC Secures Government Tender for Digital Gilts Pilot

HSBC will lead a pilot program for government digital bonds.Highlights: HSBC won a government tender for a digital...

Bretton AI Secures $7.5 Million to Strengthen Financial Compliance Solutions

Funding aims to enhance AI-driven compliance technology for financial institutions.Highlights: Bretton AI raised $7.5 million in funding.Investment focuses...