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Bantam Tools: Manufacturer of desktop CNC milling machines for engineers, designers, and educators, enabling rapid prototyping of PCBs and parts.
Bantam Tools is a Peekskill, New York-based hardware company that designs and manufactures desktop computer numerical control (CNC) milling machines and proprietary control software for rapid prototyping. The organization generates revenue through direct and B2B sales of its precision hardware to hardware engineers, product designers, and educational institutions, with professionals and educators accounting for 90% of all machine purchases. Prior to its 2017 acquisition and rebranding, the enterprise secured $3 million in seed funding and raised over $300,000 through a successful Kickstarter campaign for its circuit board milling machine. Under the ownership of MakerBot co-founder Bre Pettis, the company expanded its portfolio by acquiring Evil Mad Scientist in 2024 to develop next-generation art and handwriting machines. The manufacturing company was originally incubated at Otherlab and founded in 2013 as Other Machine Co. by Danielle Applestone.
Bantam Tools has raised $3.0M across 1 funding round.
Bantam Tools has raised $3.0M in total across 1 funding round.
Bantam Tools has raised $3.0M in total across 1 funding round.
Bantam Tools's investors include Carl Bass, Chris Anderson, Joanna Drake, Jonathan Bachrach, Sonja Perkins, Tim O'Reilly, Allegro Venture Partners, Core Ventures Group, CrunchFund, Dave Morin, Tony Hsieh.
Bantam Tools has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Series A in June 2014.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 19, 2014 | $3.0M Series A | Carl Bass, Chris Anderson, Joanna Drake, Jonathan Bachrach, Sonja Perkins, Tim O'Reilly, Allegro Venture Partners, Core Ventures Group, CrunchFund, Dave Morin, Tony Hsieh |