Zuta Labs started a Kickstarter campaign on April 11 for its wireless and robotic walking printer.
The Israel-based company earned over 50 percent of their goal in one day, according to PC Magazine.
Over 1,400 backers supported Zuta with over $240,000, with the overall target being $400,000.
"Wow, this is just AMAZING!!," the company wrote in its first update. "We are overwhelmed with the excitement with which this project has been received."
The robot is designed to deal with many problems that people encounter with regular printers, such as the cost of ink, ease of breaking and their size, The Huffington Post U.K. reported.
The robot works by being placed on any size paper of the user's choosing and moving across the page to release the text.
A prototype of the robot was created to fit in the palm of a person's hand, PC Magazine reported. It uses a printhead connected to a set of wheels to print from any location. The device has a rechargeable battery and an on/off switch, and can be connected to tablets, smartphones, laptops and desktops.
So far, the device only uses one black cartridge and prints at about 1.2 pages per minute. The battery lasts for almost one hour between charges.
The print-bot is designed so that users can bring it wherever they go, and to produce physical documents in a short amount of time, The Huffington Post U.K. reported.
"You can see students, lawyers and entrepreneurs working efficiently outside of their homes of offices but then suddenly struggling to find a place," Zuta wrote. "Our vision is to change that. We have created a mobile printer that is easy and fun to use, can be taken anywhere, print from any device (laptop, tablet, smartphone, you name it!) onto any sized page."
Those who wish to support the campaign can pledge as little as $1, buy a campaign T-shirt for $35 or offer $200 to be one of the first people to receive the printer. Supporters who offer $10,000 or more will receive a special Kickstarter-edition printer with their name engraved on the motherboard, PC Magazine reported.
Funding for the printer ends on May 10, and the printers are set for delivery on January.