Whenever a 3D printer campaign launches on Kickstarter, it’s good to have an extra good, hard look at the facts. There have simply been too many frauds and financial meltdowns. Remember the Peachy printer? The still not yet delivered Ono? Or – and this one was the worst – the Tiko? It hoped to bring 3D printing to the masses before the founders bitterly disappointed 16,538 Kickstarter backers by leaving them without their money or a brand new printer.

Now, a new company is looking for crowdfunding investors to launch their 3D printer. Called the IVI, this all-in-one 3D printer promises the ability to “easily achieve high-res 3D printing, laser engraving, CNC carving with IVI, the 10 microns’ repeatability, closed-loop 3d printer.” And it looks suspiciously like the Tiko.

Of course, the founder’s team know about the visual similarities to the Tiko and they even address it in the Kickstarter FAQ.

“Enclosed delta printers tend to be similar in appearance and design,” writes IVI. “Tiko had a similar design and was a failed project but that doesn’t mean it is a failed design. We believe the design has huge advantages and IVI is in the process of proving that to be true.”

They assure potential funders that the IVI team has no connection whatsoever to Tiko and its former employees. And they promise to deliver a much better machine, which also will result in a higher price tag.

Overall, this seems to have convinced 754 backers: With 29 days to go, the campaign has already raised $382,740, smashing its goal of $50,000. The early bird options are now gone, so those who pledge $399 or more can expect to receive an IVI 3D Printer in October 2019.