About Formlabs
Formlabs is a company based in Somerville (United States) founded in 2011 by Maxim Lobovsky and Natan Linder.. Formlabs has raised $253.52 million across 8 funding rounds from investors including Autodesk, SoftBank Vision Fund and NEA. Formlabs has completed 2 acquisitions, including Micronics and Pinshape. Formlabs offers products and services including Form 4, Tough 1500 Resin, and PreForm Software.
- Headquarter Somerville, United States
- Founders Maxim Lobovsky, Natan Linder
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Products & Services of Formlabs
Formlabs offers a comprehensive portfolio of products and services, including Form 4, Tough 1500 Resin, and PreForm Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-resolution SLA 3D printer for professional prototyping and production.
Durable resin for creating strong, versatile 3D printed parts.
Tool for preparing and managing 3D prints with ease.
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Funding Insights of Formlabs
Formlabs has successfully raised a total of $253.52M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $392.95 thousand completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series E — $392,947
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First Round
First Round
(22 Nov 2011)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series E - Formlabs | Valuation |
investors |
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| May, 2021 | Amount | Series E - Formlabs | Valuation | SoftBank Vision Fund |
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| Aug, 2018 | Amount | Series D - Formlabs | Valuation | New Enterprise Associates |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Formlabs
Formlabs has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Autodesk, SoftBank Vision Fund and NEA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Venture capital investments in tech and healthtech sectors through dedicated funds.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Formlabs
Formlabs has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Micronics and Pinshape. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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SLS printers are manufactured by Micronics for various applications.
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2021 | ||||
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iTunes for 3D printing
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Formlabs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Formlabs Comparisons
Competitors of Formlabs
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Formlabs
Frequently Asked Questions about Formlabs
When was Formlabs founded?
Formlabs was founded in 2011.
Where is Formlabs located?
Formlabs is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.
Who is the current CEO of Formlabs?
Maxim Lobovsky is the current CEO of Formlabs. They have also founded this company.
Is Formlabs a funded company?
Formlabs is a funded company, having raised a total of $253.52M across 8 funding rounds to date. The company's 1st funding round was a Series D of $15M, raised on Nov 22, 2011.
What does Formlabs do?
Formlabs was founded in 2011 in Somerville, United States, and operates in the 3D printing sector. Desktop 3D printers utilizing low-force SLA technology are produced, along with proprietary software for model design and printing planning. An SLS 3D printer is also provided to serve industries such as dental, education, medical, entertainment, jewellery, audio, and others. Operations focus on hardware and software solutions for professional applications.
What products or services does Formlabs offer?
Formlabs offers Form 4, Tough 1500 Resin, and PreForm Software.
How many acquisitions has Formlabs made?
Who are Formlabs's investors?
Formlabs has 18 investors. Key investors include Autodesk, SoftBank Vision Fund, NEA, Pitango, and Shenzhen Capital Group.
What is Formlabs's valuation?
The valuation of Formlabs is $2B as of May 2021.