InfiMaker lands $10M from IDG Capital as desktop CNC hits $4M on Kickstarter
What's the deal? InfiMaker, a China-based developer of desktop CNC manufacturing technology, has raised $10 million in a late-stage round led by IDG Capital, with participation from other investors.
Why now? The funding lands as InfiMaker's K1 desktop five-axis CNC machine crossed $4 million in pledges on Kickstarter. The campaign, launched August 11, drew more than $1.5 million within its first 24 hours and now counts over 700 backers.
What's the endgame? The company wants to make professional-grade five-axis CNC machining accessible to engineers, designers, independent creators, educators, and small businesses. The K1 is a compact platform with an AI-assisted workflow that lets users with little computer-aided manufacturing background create precision parts.
InfiMaker frames the maker industry as moving beyond 3D printing toward a hybrid of additive and subtractive desktop manufacturing — designers using 3D printing for prototypes, CNC for metal parts, and laser cutters for enclosures. It will use the new capital for core technology, product development, operational capabilities, and international expansion.
By the numbers: At $10 million, the round sits in the 49th percentile for deals of its kind — a mid-sized raise rather than an outlier. InfiMaker's earlier backers include Kunlun CapitalDealroom has a profile for this one. Try Dealroom →, MiraclePlusDealroom has a profile for this one. Try Dealroom →, and Meituan's Strategic InvestmentsDealroom has a profile for this one. Try Dealroom →.
The signal: The combination of a strong crowdfunding response and institutional capital points to rising demand for accessible advanced manufacturing tools. InfiMaker is betting the future workshop runs on several digital manufacturing machines working together, not one.
Read more: industrytoday.com
Image credit: InfiMaker