Voxel8, creator of multi-material 3D electronics printers, announced on Friday that it has secured a $12 million Series A round of financing.
Braemar Energy Ventures and ARCH Venture Partners led the round and were joined by Autodesk through its Spark Investment Fund and In-Q-Tel. Voxel8 will use the capital to expand its world-class team and advance its core technology for the mass customization of electronics and other finished products.
Co-founded by Harvard professor Dr. Jennifer Lewis, Voxel8 leverages more than a decade of patented research on printing functional materials. The company is commercializing a disruptive 3D printing platform capable of printing embedded electronics and other novel devices.
Clinton Bybee, co-founder and managing director at ARCH Venture Partners, stated:
“The Voxel8 3D printing platform is disrupting the traditional design and manufacture of electronic devices. Not only does the Voxel8 3D printer enable the design of entirely new devices, it also circumvents the need for traditional tooling, inventory and supply chains.”
Through its collaboration with Autodesk, Voxel8 enables designers and engineers to create freeform, three-dimensional circuits in place of conventional circuit boards to enable entirely new form factors with Project Wire, a Spark powered tool that helps design 3D printable electronic devices.
Samir Hanna, vice president and general manager, Consumer and 3D Printing, Autodesk, added:
“We started the Spark Investment Fund to drive overall growth of the 3D printing ecosystem, and multi-material 3D printing is one of the most exciting areas of development for additive manufacturing. Voxel8’s work in developing the industry’s first multi-material electronics 3D printer marks a key milestone for the industry that we’re more than happy to support.”
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