Here’s the problem: unlike the world of software, where agile development (trying things out, iterating quickly) has become the norm, the electronics world is still stuck in the last century. Circuit boards — those lil green, rectangular disks with electrical pathways traveling across them — take weeks to order and get shipped, and can cost hundreds of dollars. This makes rapid prototyping pretty difficult.

That’s where BotFactory comes in. The company’s signature product, the Squink, is basically a 3D printer for circuit boards, which allows companies to have a teeny tiny lil circuit board factory on a desk at the office. A printed-out circuit board from a Squink takes only a few minutes and costs only about $5 in supplies. People are taking note. The NYU Digital Future Lab alumnus just raised a cool $1.3 million from New York Angels.

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