Investing

Desktop Waterjet Cutter Raises $1.4 Million on Kickstarter

Thinkstock

A desktop waterjet cutter would seem to be a niche product in a niche so small as to be ignored. However, the “first desktop waterjet cutter,” called WAZER, has already raised $1.4 million and almost certainly will raise more.

On Kickstarter, the product is described as one that can:

Cut any material with digital precision using high pressure water. A compact waterjet for every workshop.

The product costs $5,999, which apparently is cheap:

WAZER is the first waterjet cutter that can fit in every workshop. It cuts through any material and is compact and contained, making it, clean, safe and quiet to operate. WAZER’s digital control achieves detail and accuracy impossible by hand, while freeing you up to complete other tasks.

Traditional waterjets cost upwards of $100,000, but with WAZER, we’re changing that, bringing this advanced technology to every workshop.

As is traditional at Kickstarter, investors get a gift for investing. For WAZER, these range from a T-shirt for those who pledge $25 or more to this for people who invest $4,499 or more:

25% OFF $5,999 MSRP (save $1,500)
Comes with waterjet and pump.

Optional Stand: ADD $250 to pledge total.

The drive for investors has been successful. Investors have put in $1,398,761, which is 1,398% by 1,032 backers. And interested investors have another 29 days to put money in.

WAZER does not say what it will do with all the extra money.

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.