What is Formlabs?
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:
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 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.
See full Formlabs company page