How Much Did Formlabs Raise?
Funding & Key Investors

Formlabs, a prominent force in the additive manufacturing sector, has successfully navigated multiple stages of growth to reach its current enterprise-level status. With a cumulative capital infusion totaling $244.1M, the company has demonstrated a consistent ability to attract high-profile institutional backing. Most recently, the firm secured a major strategic investment of $150M, a move that underscores its pivotal role in the industrial 3D printing landscape and its ongoing commitment to scaling advanced manufacturing solutions globally.

The company's trajectory, which began in 2011, reflects a disciplined approach to capital acquisition. By moving through successive financing rounds—from early-stage seed support to a significant Series E round—Formlabs has effectively leveraged its investor network to transition from a specialized hardware developer into a comprehensive provider of professional-grade 3D printing systems.

What is Formlabs?

Formlabs
ManufacturingIndustrial Machinery & Equipment

Headquartered in Somerville, Massachusetts, Formlabs designs and manufactures high-performance 3D printing systems that serve a diverse range of industries, including engineering, healthcare, and product design. Since its inception in 2011, the company has established itself as a market leader by democratizing access to professional-grade additive manufacturing. By integrating sophisticated software with robust hardware, Formlabs enables organizations to accelerate their prototyping and production workflows, effectively bridging the gap between digital design and physical reality in a competitive global market.

How much funding has Formlabs raised?

Formlabs has raised a total of $244.1M across 8 funding rounds:

2011

Private Equity

$500K

Other Financing Round

$1.8M

2012

Angel/Seed

$2.8M

2013

Series A

$19M

2016

Series B

$35M

2018

Series C

$30M

2020

Debt

$5M

2021

Series E

$150M

Private Equity (2011): $500K, investors not publicly disclosed

Other Financing Round (2011): $1.8M led by Charlie Songhurst, Mitchell Kapor, SOSV, Kima Ventures, Innovation Endeavors, LaunchCapital, and Joi Ito

Angel/Seed (2012): $2.8M, investors not publicly disclosed

Series A (2013): $19M featuring Pitango Venture Capital, Innovation Endeavors, and Draper Associates

Series B (2016): $35M backed by Foundry Group, Pitango Venture Capital, C4 Ventures, Draper Fisher Jurvetson (DFJ), Founder Collective, Tyche Partners, and Pascal Cagni

Series C (2018): $30M with participation from Draper Fisher Jurvetson (DFJ), Shenzhen Capital Group, Pitango Venture Capital, Tyche Partners, and Foundry Group

Debt (2020): $5M led by PPP

Series E (2021): $150M supported by SoftBank Group Corp

Key Investors in Formlabs

SoftBank Group Corp

SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, artificial intelligence, and smart robotics, supporting the scaling of transformative technologies worldwide.

Draper Fisher Jurvetson (DFJ)

Draper Fisher Jurvetson is a leading venture capital firm with a global presence, dedicated to identifying and providing capital for extraordinary entrepreneurs determined to change the world.

Foundry Group

Foundry Group is a venture capital firm focused on early-stage information technology and software startups, leveraging deep industry expertise to help entrepreneurs build world-class companies.

What's next for Formlabs?

Following the recent strategic financing, Formlabs is well-positioned to deepen its penetration into the enterprise sector. The influx of capital is expected to accelerate the development of next-generation printing materials and automated production workflows, which are critical for the adoption of 3D printing in large-scale manufacturing environments. As the company continues to scale, its focus will likely remain on enhancing its software ecosystem and expanding its global footprint, ensuring that its additive manufacturing solutions remain at the forefront of the industrial digital transformation.

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Frequently Asked Questions Regarding Formlabs Financial Insights

What are the most recent funding rounds that Formlabs has completed, and what were the funding rounds?
Formlabs has recently completed 3 funding rounds: Series E on May 19, 2021, Debt on Apr 13, 2020, Series C on Apr 9, 2018.
What is the total amount of funding Formlabs has raised to date?
Formlabs has raised a total of $244.1M in funding to date.
How many funding rounds has Formlabs completed?
Formlabs has completed 3 funding rounds.
How much funding did Formlabs raise in its most recent funding round?
Formlabs raised $150M in its most recent funding round.
Who are the lead investors in Formlabs's latest funding round?
The lead investor in Formlabs's latest funding round was SoftBank Group Corp. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Formlabs's history?
The largest funding round in Formlabs's history was $150M.
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