Formlabs develops and manufactures 3D printers and related software and consumables.
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Formlabs develops and manufactures 3D printers and related software and consumables.
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Formlabs was officially founded in September 2011 to develop the first desktop-sized, easy-to-use, and affordable stereolithography 3D printer.
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Formlabs received early seed funding from investors including Mitch Kapor, Joi Ito, and Eric Schmidt's Innovation Endeavors.
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In November 2012, Formlabs was sued by the industrial 3D printing giant 3D Systems that claimed rights to the stereolithography technology that the Form 1 uses.
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In October 2013, Formlabs closed an additional $19 million Series A round of financing led by DFJ Growth, joined by Pitango Venture Capital, Innovation Endeavors, and returning angel investors.
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Formlabs said it would use the funding to expand its product portfolio and scale operations to meet increasing customer demand, particularly from Asia.
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In October 2012, Formlabs publicly announced its first product, the Form 1 3D printer, in a Kickstarter campaign that raised a record-breaking $2.
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Formlabs provides a free software package called PreForm, designed to prepare 3D models for printing on the Form 1, Form 1+, Form 2, Form 3, and Fuse 1.
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Formlabs is featured in Print the Legend, a documentary that tells the stories of several leading companies in the desktop 3D printer industry.
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