Ingersoll Rand Leads $19M Financing Round for Inkbit to Advance Multi-Functional Additive Manufacturing
Summary
The technology converges advances in computation, chemistry and process control, to enable rapid manufacturing of innovative products such as complex industrial fluidics and bio-inspired robots.From the moment we met with the extraordinary Inkbit team and saw its novel Vision-Controlled Jetting (VCJ) technology, we wanted to be part of the journey to drive commercialization and adoption across life science and industrial applications, said Vicente Reynal, Chairman and Chief Executive Officer of Ingersoll Rand. Together, we can transform how the industry thinks about component manufacturing and accelerate innovation.Inkbits technology was originally conceived in the Computer Science and Artificial Intelligence Lab at MIT. Parts are built layer-by-layer on a platform that moves under several stations, each performing a specific function, such as material jetting, UV curing, inspection, cooling, etc. Together, we will create the factories of the future, said Davide Marini, Cofounder and Chief Executive Officer at Inkbit.Inkbits VCJ technology is poised to revolutionize the way we think about product design and manufacturing, especially in fields that require multi-step assembly processes and complex supply chains. Incorporating a novel technology called Vision-Controlled Jetting (VCJ), Inkbit delivers a multi-material additive manufacturing solution that accelerates the translation of ideas into products.