Last year, one startup made a huge splash on Indiegogo with its elegant-looking and practically-priced MOD-t 3D printer. With $680,000, New Matter was able to raise almost twice its funding goal for its sub-$400 FDM/FFF 3D printer. The company is already quickly growing. Not only is New Matter set to ship 2,600 MOD-t 3D printers to its crowdfunding backers this May, but the Pasadena-based startup has also raised funding through independent investors.
In addition to finding funds from Bill Gross’s Idealab, New Matter today announced that they’ve secured $6.5 million in Series A funding led by Alsop Louie Partners and participation from frogVentures, First Round Capital, and Dolby Family Ventures. …
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