# OPT Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/opt-industries

- Industry: Materials
- Headquarters: Medford, US
- Website: www.optindustries.com
- Total disclosed funding: $14M
- Latest round: Series A (Feb 2, 2022)
- Investors on record: 3

## About

Founded in 2019 by Jifei Ou and based in Massachusetts, US, OPT Industries, Inc. operates as a manufacturing technology start-up. In March 2022, OPT Industries, Inc. raised USD 15 million in series A funding by investors Northpond Ventures, E14 Fund, and Crosslink Capital.

The company develops a 3-D printing platform RAMP™ which enables the 3D printing of continuous materials and products for manufacturing metamaterials and products for the healthcare, automotive, cosmetics, and consumer goods industries. The company develops polymers for micron-scale photolithography. The company's cloud-based factory workflow fOS™, allows visualization of structures and datastreams to check for errors. The company's RAMP™ manufacturing system provides printing resolution down to 50 µm. The company also develops InstaSwab™ which is used in clinical sample collection for Covid-19 testing. The company also develops Lumofil™ brush manufacturing technology to develop various types of mascara applicators.

The company plans to use the funding to support its product InstaSwab™, fuel product development, scale operations, and grow the team.

## Funding rounds

- Series A, Feb 2, 2022, $14M — Crosslink Capital, E14 Fund, Northpond Ventures
- Seed, Apr 1, 2019 — E14 Fund

## Investors

- E14 Fund (https://capitalatlas.ai/funds/e14-fund) — Seed, Series A
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A
- Northpond Ventures (https://capitalatlas.ai/funds/northpond-ventures) — Series A