A document submitted to the U.S. Securities and Exchange Commission (SEC) confirms that Formlabs, provider of the Form 2 and Fuse 1 3D printers, has aloft a added $30 actor in alternation C funding.
Funding history of Formlabs
Formlabs was founded in 2011 with $1.8 actor in berry allotment from accelerator VC SOSV. Its aboriginal SLA 3D printer, the Form 1, was launched via Kickstarter adopting a recording breaking $2.9 actor in backing.
DFJ Growth led Formlabs’ Alternation A allotment in October 2013 above-mentioned the barrage of the Form 1 which replaced the aboriginal Form 1.
The new flagship SLA 3D printer, the Form 2, was appear in September 2015, and the aing annular of allotment was appear in August 2016. In Alternation B, Formlabs raised $35 actor from 7 investors including the Foundry Group, and Carl Bass, above CEO and accepted lath affiliate at Autodesk who is additionally an absolute administrator of Formlabs.
Full capacity about the investors complex in Alternation C accept yet to be accepted by Formlabs, but 3D Press Industry is in chat with the aggregation and will address on any added account as it arises.
Form, Fuse and Cell
The latest releases from Formlabs are the Fuse 1 and Form Cell automation platform.
The Fuse 1 is the company’s aboriginal attack into careful laser sintering (SLS) technology, and has been in development back 2015, about the time of the Form 2 launch.
The Form Cell is the company’s band-aid for scaleable 3D printed production. An asylum absolute bristles Form 2 3D printers and a Form Wash and Form Cure bore is managed by affective a automatic gantry, enabling continuous, 24 hour operation.
Formlabs additionally has a sneaker assembly affiliation beneath its belt with MA-based cossack architect New Balance. Products of this affiliation will be fabricated application the Form 2 3D printer.
3D press for alternation production
Further capacity of the New Balance affiliation should be appear throughout 2018, and the Form Cell belvedere is accepted to alpha aircraft in the aboriginal bisected of the year.
Through anniversary of these releases though, one affair is clear: Formlabs is in following of 3D press for small-batch, end-use production. The approaching of 3D press goes above prototyping.
For added of the latest trends in accretion accomplishment for end-use production, appointment our account alternation on the affair featuring animadversion from Daimler AG, Big Rep, EOS and Autodesk.
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Featured angel shows the Form Cell configuration. Photo via Formlabs
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