www.3ders.org

Oct 10, 2016

BotFactory, the New York City-based manufacturer of the Squink Multilayer PCB Printer announced today that is has completed a $1M seed round of financing led by New York Angels. The funding is largely being allocated for expanding sales and marketing efforts as well as product development. New York Angels Director Larry Richenstein will join BotFactory’s Board of Directors.

BotFactory first made headlines back in 2014, when they launched a Kickstarter campaign for their promising Squink PCB 3D printer. For those of you who missed it, the Squink is a $3000 desktop Wi-Fi connected PCB 3D printer that takes care of all the messy steps involved in custom PCB making. After uploading your circuit design, the Squink first 3D prints a special conductive ink onto substrate material, followed by conductive glue dots to hold the component pins. In the final step, the machine even picks and places components to build the complete model.

It is thus a truly all-in-one desktop PCB factory, and it managed to raise more than $100,000 on Kickstarter. The first Squink was shipped a year ago, and back in October 2015 the first upgrade was already made available: Advanced Ink. With it, users can print traces on Kapton and FR4, as well as many novel materials like ceramics and metals. Six months later, BotFactory released ‘Insulating Ink’, that enables users to create Multilayer PCBs at their desktop.

As electronics are becoming more complex by the day, multi-layered PCBs are becoming almost impossible for any developer to ignore. BotFactory is addressing the needs of users and paving the way for a very wide variety of new DIY devices, including wearables and more complex robotics.

“We’re just starting to scratch the surface of what is a huge problem for an electronics industry that is only growing faster, driven by new developments like the Internet of Things," said CEO Nicolas Vansnick. "Everyone is trying to lower the cost of fabricating one-offs in factories designed to make millions, when we’re miniaturizing that factory and bringing it closer to where it is needed: on the engineer’s desk.”

 

 

Posted in 3D Printer

 

 

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