BotFactory,
BotFactory develops and manufactures an all-in-one desktop machine for automated fabrication and assembly of printed circuit boards (PCBs), enabling rapid in-house prototyping.
- CEO / Founder
- Carlos Ospina Tarazona
- Team Size
- 11-50
- Stage
- Commercial
- Total Funding
- $3.1M
- Latest Round
- Grant
- Key Investors
- ff Venture Capital, NY Angels, SeaChange Fund, New York State
Technology & Products
Key Products
["BotFactory SV2"]
Technological Advantage
The primary advantage is the significant reduction in time and cost for electronics prototyping. By enabling on-site, same-day fabrication, BotFactory eliminates the long lead times, high costs, and IP risks associated with third-party manufacturing services, thereby accelerating the R&D and product development cycle.
Differentiation
Value Proposition
BotFactory's technology reduces the PCB prototyping lifecycle from weeks to a single day, providing users with greater control over their intellectual property, cost savings, and increased iteration speed, all from a compact desktop machine.
How They Differentiate
BotFactory differentiates itself by offering a more affordable and accessible all-in-one desktop solution compared to larger, more expensive industrial systems from competitors like Nano Dimension and Optomec. Its focus on a compact footprint and ease of use makes it suitable for a broader audience, including smaller R&D labs and educational institutions.
Market & Competition
Target Customers
Electrical engineers, R&D labs, educational institutions, and technology companies requiring rapid and secure PCB prototyping.
Industry Verticals
["Aerospace/Defense","Education","Industrial Automation","Consumer Electronics","Research"]
Competitors
Nano Dimension; Voltera; Optomec
Growth & Milestones
Growth Metrics
The company has secured multiple government contracts, including a significant SBIR Phase II contract, which validates its technology for high-stakes applications. Its printers are used in over 750 research facilities and companies.
Major Milestones
["Founded in 2013 and launched from the NYU Tandon Future Labs incubator.","Secured a $1.25M SBIR Phase II contract with the U.S. Department of Air Force (DAF) in 2023.","Successfully raised over $3.1M in total funding through a combination of equity, grants, and contracts.","Expanded its product line from the initial 'Squink' model to the more advanced SV2 printer."]
Notable Customers
MIT; Apple; Amazon; Sandia National Laboratories; NASA; Stanford University