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Bits From Bytes

HardwareBristol, UKFounded 2008· One of 1702 Hardware companies tracked by AMPulse

Bits from Bytes was the leading manufacturer of affordable FFF/FDM 3D printers and 3D printer kits, making real plastic parts from CAD files for educational, hobby, and professional applications.

CEO / Founder
Ian Adkins
Team Size
11-50
Stage
Acquired
Total Funding
Undisclosed
Latest Round
Acquired
Key Investors
3D Systems

Technology & Products

Key Products

RapMan 3D printer kit (~$1,300+); BFB 3000 desktop 3D printer (~$3,900+); 3DTouch multi-color/multi-head 3D printer; Axon slicing/print-preparation software

Technological Advantage

RepRap-derived FFF/FDM technology enabling dramatically lower price points ($1,300–$4,000) vs. incumbent Stratasys industrial systems; one of the world's first companies (alongside MakerBot) to commercialize desktop-class 3D printers post-FDM patent expiration (2009); achieved 17% global unit market share and #2 ranking in total shipments (Wohlers Report 2009) within ~12 months of founding; multi-head/color capability via 3DTouch; proprietary Axon software

Differentiation

Value Proposition

Affordable 3D printers and printer kits ranging $1,300–$4,000 that opened 3D printing to educational, hobbyist, and professional sectors previously excluded by high costs; achieved 2nd place globally in unit shipments (17% market share) within one year of founding

How They Differentiate

Price democratization — kits and printers at $1,300–$4,000 vs. incumbent industrial systems costing tens of thousands; RepRap-based open ecosystem approach; multi-head and color printing capability (3DTouch); kit format enabling hobbyist assembly; proprietary Axon software for ease of use; described as 'profitable, well run entrepreneurial start-up with a seriously committed marketplace following' by 3D Systems

Market & Competition

Target Customers

Educators and students (education institutions); hobbyists and makers; professional users requiring affordable prototyping — described on LinkedIn as 'educational, hobby and professional applications'; Fabbaloo noted it joined 'commercial and hobbyist' markets

Industry Verticals

Education (educators and students explicitly cited by CBInsights/LinkedIn); Hobbyist/Maker; Professional Prototyping; Post-acquisition parent 3D Systems served Automotive, Aerospace & Defense, Consumer Goods, Architecture, Medical Device, Dental, and Energy — Bits From Bytes affordable segment was entry point to these broader verticals

Competitors

MakerBot Industries (US; co-emerged in 2009 as the only other direct desktop/hobbyist FFF 3D printer manufacturer globally; explicitly paired with Bits From Bytes as 'two of the world's first companies offering desktop-class 3D printers'); Stratasys (incumbent industrial FDM systems, significantly more expensive — Bits From Bytes positioned as affordable alternative)

Growth & Milestones

Growth Metrics

17% of global 3D printer unit sales in 2009 (Wohlers Report); #2 globally in total shipments within first year of operations; grew to 13 employees by October 2010 acquisition; established US distribution channel (Brian Brooks, US distribution manager); described by 3D Systems as 'profitable' at time of acquisition

Major Milestones

December 2008: Founded by Ian Adkins and Iain Major in Clevedon, UK; 2009: Reached 17% global 3D printer unit market share, ranked #2 in total shipments worldwide (Wohlers Report); 2010: Launched BFB 3000 (~$3,900) and 3DTouch color/multi-head printer; Released Axon print software; October 5, 2010: Acquired by 3D Systems in cash-and-shares transaction