Investors have backed plenty of startups that make 3D printers for the desktop, like Formlabs Inc. in Boston and MakerBot Industries in New York (acquired by Stratsys Ltd).
Now, a San Francisco startup calledOther Machine Co. has raised $3 million in Series A funding to popularize its “3D cutters.” Just don’t call the company’s flagship product, theOthermill, a 3D printer, says co-founder and CEO Danielle Applestone.
…With a post-money valuation of $8.5 million, Other Machine Co.’s Series A investors included Broadway Angels, Allegro Venture Partners, Core Ventures Group, Crunchfund, VegasTechFund, Slow Ventures and several angel backers including Autodesk CEO Carl Bass and 3D Robotics Inc. CEO Chris Anderson.
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