What is Formlabs?
Headquartered in Somerville, Massachusetts, Formlabs specializes in the design and manufacture of advanced 3D printing systems. The company has established itself as a critical player in the professional-grade additive manufacturing market, providing high-resolution stereolithography (SLA) and selective laser sintering (SLS) solutions. By integrating sophisticated software with precision hardware, Formlabs enables engineers, designers, and medical professionals to prototype and produce functional parts with unprecedented efficiency. Its market position is defined by a commitment to democratizing industrial-quality printing, effectively bridging the gap between expensive enterprise machines and entry-level desktop units.
How much funding has Formlabs raised?
Formlabs has raised a total of $244.1M across 8 funding rounds:
Private Equity
$500K
Other Financing Round
$1.8M
Angel/Seed
$2.8M
Series A
$19M
Series B
$35M
Series C
$30M
Debt
$5M
Series E
$150M
Private Equity (2011): $500K, investors not publicly disclosed
Other Financing Round (2011): $1.8M led by Mitchell Kapor, LaunchCapital, SOSV, Joi Ito, Kima Ventures, Charlie Songhurst, and Innovation Endeavors
Angel/Seed (2012): $2.8M, investors not publicly disclosed
Series A (2013): $19M featuring Innovation Endeavors, Pitango Venture Capital, and Draper Associates
Series B (2016): $35M backed by Pitango Venture Capital, Pascal Cagni, Tyche Partners, Foundry Group, Draper Fisher Jurvetson (DFJ), C4 Ventures, and Founder Collective
Series C (2018): $30M with participation from Draper Fisher Jurvetson (DFJ), Foundry Group, Shenzhen Capital Group, Pitango Venture Capital, and Tyche Partners
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 through its diverse portfolio and the SoftBank Vision Fund.
Innovation Endeavors
Innovation Endeavors is an early-stage venture capital firm that invests in visionary founders and transformational technologies, utilizing a Super Evolution thesis to reshape industries through data and computation.
Pitango Venture Capital
Pitango is a venture capital firm that partners with visionary entrepreneurs, supporting them from stealth mode to maturity across its First, Growth, and HealthTech funds.
What's next for Formlabs?
With the infusion of $150M, Formlabs is well-positioned to deepen its penetration into vertical markets such as healthcare, automotive, and aerospace. The strategic focus will likely shift toward scaling production capacity and enhancing the software ecosystem that supports its hardware fleet. As the company matures, the emphasis on operational excellence and global distribution will be paramount to maintaining its leadership in the rapidly evolving additive manufacturing landscape. Investors remain optimistic that the firm will continue to drive innovation in material science and automated workflows, further cementing its role as a cornerstone of modern industrial production.
See full Formlabs company page
