Venture Capital: A Startup Making 3D Printers Switches to COVID-19 Test Swabs

April 14, 2020 | News, Venture Capital
https://dailyalts.com/wp-content/uploads/2020/04/covid-swabs-tray.aa0bffe1-scaled.jpg

The availability of test swabs is becoming a serious impediment to testing for the deadly coronavirus.

A nimble startup in San Francisco, which made 3D printers for a living, has turned on a dime and is making COVID-19 test swabs instead. Of course, the company has 3D-printed these. Origin, the startup in question, has already completed successful clinical trials on April 12. (CrunchBase)

With New York about to run out of test swab kits, Origin’s production will not come a day too soon. Interestingly, the startup made the pivot from 3D printers to COVID-19 test kits in a matter of just two weeks.

Origin: All hands on deck

According to Chris Prucha, co-founder and CEO, the company is using all its resources on the test kits. These include previously built 3D printers, such as Origin One.

“Complex, detailed geometries can easily be produced on Origin One and do not require any molds,” the company said in a statement. “The test swabs can be produced when needed, anywhere, with only a single material for the supply chain.”

The company says its Origin One printer produces up to 1,500 swabs in a single print run in less than eight hours.

Traditional production limitations

Only a couple of factories are able to produce test swabs due to design, quality and manufacturing complexities.

Origin is collaborating with Beth Israel Deaconess Medical Center (BIDMC), an academic medical center affiliated with Harvard Medical School.

The US Army, Origin material partners, universities including UCLA, and independent medical labs also tested the company’s swabs.

BIDMC conducted the clinical trials of the test kits.

“While successful clinical trials are not required to sell this kind of device, it’s a very strong proof point,” Prucha told Crunchbase. “We’ve now produced thousands of these devices and are ramping up to produce millions of them in coming weeks as we get more printers online.”

Origin already has a demand for more than half a million swabs immediately.

Related Story:     Venture Capital: Limited Partners at DCVC Get an Inside Edge on Virus Tests

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2023/12/AMD_headquarters_santa_clara.624da707519a6.jpg
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…

https://dailyalts.com/wp-content/uploads/2023/12/RHCEU-Inline.jpg
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…

https://dailyalts.com/wp-content/uploads/2023/12/Samsung_UK_Samsung_Pay_Lifestyle_0552-revised-Pictogram-23.11.30-1024x744-1.png
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…

https://dailyalts.com/wp-content/uploads/2023/12/Revaia-founders.jpg
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…