Formlabs Raises $35 Million in Series B Funding
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August 16, 2016
Formlabs, a provider of 3D printing systems and technology, has raised $35 million in Series B funding from the Foundry Group and Autodesk. The company also plans to collaborate with Autodesk.
According to the company, the new investment will enable Formlabs to scale its operations to meet growing customer demand worldwide, grow R&D efforts, and to extend Formlabs’ reach in the market and ecosystem.
“Formlabs’ efforts over the years in introducing new materials and capabilities have defined the category of professional desktop 3D printing, resulting in significant growth for the company along the way,” said Max Lobovsky, co-founder and CEO of Formlabs. “With the new investment, we’re excited to develop more powerful tools to enable anyone working with 3D content to create remarkable things. Formlabs will continue to grow the stereolithography business and bring new tools to the world to advance our goal of making digital fabrication more powerful and accessible.”
For more information, visit Formlabs.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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