R3 Printing on Republic

Manufacturing is about to get personal.

Raise to date: $435,000

Reporting Date: 09/18/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$435,000

Likelihood of Max Exceeded
Start Date

05/21/2019

Stop Date

10/15/2019

Days Remaining

25

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

1

% of Minimum Raised

1,740%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$3,625

DPD* Category

$0

DPD* All Companies

$1,279

Kingscrowd Momentum

$435,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

R3 Printing, the manufacturer of purpose-built R3 Printer, is raising funds on Republic. R3 Printer is an innovative 3D printer suitable for running an affordable on-demand manufacturing service. The printer prints 90% faster and 200% larger than competitors, and gives a competitive advantage to the manufacturers. The printer also comes with overheat prevention that eliminates printer jams. R3 Printing was founded by Daniel Downs and Paul Sieradzki in March 2018 and has a valuation cap of $7.5 million. The current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $435,000, will be used for tweaks in the hardware components of R3 Printer and to scale efficiently. R3 Printing has already received a government grant from the United States Air Force and is undertaking initiatives to grow further.

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