Following last week's announcement of a MTAG-funded joint research partnership with DiLab, investments in R3 Printing surged - making it the most engaged-with update on the campaign so far and propelling the round to well over the $200k mark.
More than just an impressive achievement, a large fundraising round serves as an important anchor in a startup's climb towards becoming a leader in its industry. In the bootstrapped phase of a startup's lifecycle, founders are tasked with the challenge of balancing the strategic benefits of long-term investments against the reality of their cash reserves. It's not for the faint of heart, and doing so properly is a deciding factor in the company's survival. And while no phase is any easier or less daunting than the others, we're proud of our progress so far and look forward to all that the future holds.
To all the R3 Printing Early Investors that have backed us so far, thank you for joining us on this exciting journey! To our followers in the Republic community that have not yet invested, we'd love for you to check out our deal page and ask us any questions that you may have. We're highly engaged with all our investors - big or small - and look forward to helping you make an informed decision.
In other news - in case you missed it - R3 Printing is featured in Republic's Digital Demo Series, a showcase for companies on the platform that have perfected the 2-minute "Y-Combinator Pitch" of their product, vision, and traction:
Read more about the Y Combinator-style pitch here.
Honing our pitch and learning to tell our story has been an integral part of our success and achieving the milestones that we've met so far. Direct feedback from VCs, angel investors, and the Republic community provided invaluable guidance, and we couldn't be more grateful.
As always, if you have any feedback or thoughts on what you'd like us to share next, give us a shout in the form of a comment on this update or as a post in the Discussion section of our page!
More to come…
- Dan and Paul, Co-Founders of R3 Printing