Terps Crowdfund for New Mini 3D Printer

A shout out to two Terps who started a crowdfunding campaign to pre-sell their small 3D printer.

“The Micro,” the new printer from M3D, founded by Michael Armani ’05, Ph.D. ’10 and David Jones ’06, is inexpensive, sleek and made for the masses. They wanted to raise just $50,000 but hit their goal in just 11 minute and raised $3,401,361  from nearly 11,855 supporters.

According to TERP Magazine “M3D claims 15 innovations that set the Micro apart, including low power consumption, quietness, automatic leveling and calibration (which otherwise must be done by hand), as well as a commitment to U.S. manufacturing. The company even created its own color-changing filaments (the material used to print objects), though the printer is compatible with standard filaments available on the market.”



About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital and tagged , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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