Metal additive manufacturing company Rosotics, announced that it raised $750,000 in pre-seed funding led by Draper Associates.
Rapid Induction Printing, the company’s proprietary 3D printing process, requires considerably less energy and material resources to manufacture a high-quality product than current techniques, says Rosotics. Other companies participating in this funding round were Correlation Ventures, Vibe Capital, and Sequoia Capital, bringing significant aerospace heritage and deep-tech experience to the mission. Reportedly, Rosotics is currently working with the aerospace industry as it rolls out its technology.
“We hold the belief that the most natural and effective way to 3D print metal involves induction. Many metals conduct electricity and we can use that to our advantage, instead of adding incredibly inefficient and even dangerous hardware into the loop. Since…