New 3D Printer on Kickstarter Secures $600K in One Day

FormLabs Form 1 3D Printer

Formlabs posted this project to Kickstarter yesterday with the hopes of of securing $100K in funding. In less than two days it has already received over $800,000 from more than 550 backers. With 28 days to go, this project may set a record. Their device, the Form 1 Professional 3D printer ups the quality of desktop 3D printing significantly, with a resolution similar to professional systems costing $30,000 to upwards of $1 million.

It took years for digital printing to reach a quality comparable to offset, in large part because few companies were innovating in that space. Crowdfunding changes the game significantly, allowing multiple small companies to innovate and bring their products to market with unmatched speed. With quality improving so rapidly, one has to wonder how long it will be before they reach production speed. What took companies like Xerox, HP and Canon years to accomplish, is happening now, in this space,  in mere months.

For more information check out this post from TechCrunch.

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