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Fabric8Labs this morning revealed that it has raised $19. 3 million. The Series A was led by Intel Capital and features Lam Capital, TDK Ventures, SE Ventures,, Stanley Ventures and Mark Cuban. It follows $4 million in seed financing raised in mid-2018. The San Diego-based startup specializes in metal 3D printing.

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Fabric8Labs says lower expense and less energy usage are among the advantages to its process. "Our process is inherently different and does not use powder nor thermal processes. Instead, it is based upon electrochemical deposition, which runs at room temperature, has a substantially lower power demand, and makes use of an aqueous (water-based) solution made from low-priced metal salts," CEO Jeff Herman informs Tech, Crunch.

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The business plans to bring the technology to market, but keeps in mind that objectives of hitting a general market will be a multiyear procedure. Scalability is constantly one of the most significant concern marks around any type of additive production. Herman says 3D printing for production is securely in Fabric8Labs' sights. "Our technology is very scalable," the executive states.

A Fabric8Labs-enabled factory might quickly consist of 50+ automated systems sharing big feedstock tanks, similar to other massive electrochemical procedures in operation today.".

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