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Formlabs

Private

Makes professional desktop resin (SLA) and powder (SLS) printers and the materials that run on them. Private; valued at 2 billion dollars in 2021.

Status
Private
Headquarters
Massachusetts, USA
Founded
2011
Ownership
Private; venture-backed by New Enterprise Associates, Foundry Group, SoftBank and others
Technologies
SLA, SLS

Timeline

15 entries, oldest first
  1. 2011
    Sep 2011

    Founded by three MIT Media Lab students

    Maxim Lobovsky, Natan Linder and David Cranor.

    Source

  2. 2012
    Sep 2012

    Form 1 Kickstarter raises 2.9 million dollars

    Launched on 26 September 2012 against a 100,000 dollar goal, with more than 2,000 backers.

    Source

  3. 2018
    Aug 2018

    Passes a 1 billion dollar valuation

    A 15 million dollar round took total funding to 100 million.

    Source

  4. 2021
    May 2021

    Raises 150 million dollars at a 2 billion valuation

    A Series E led by SoftBank Vision Fund 2, announced on 19 May 2021.

    Source

  5. 2024
    Apr 2024

    Launches the Form 4 at 4,499 dollars

    Built on a new Low Force Display print engine; the dental Form 4B started at 6,299 dollars.

    Source

  6. Jul 2024

    Acquires Micronics

    Bought the Wisconsin start-up on 11 July 2024 after its sub-3,000 dollar desktop SLS printer raised more than 1.35 million dollars on Kickstarter.

    Source

  7. Aug 2024

    Confirms fewer than 40 layoffs

    Out of a headcount of just under 750, spread over two years.

    Source

  8. Oct 2024

    Announces the large-format Form 4L

    Source

  9. 2025
    Mar 2025

    Launches tougher Tough 1500 V2 resin for Form 4 series

    At a spring launch event on 24 March 2025, Formlabs introduced the Tough 1500 V2 material, improving mechanical properties, UV stability and dimensional accuracy over the V1 formulation, aimed at closing the gap with injection-moulded parts.

    Source

  10. Sep 2025

    Fuse SLS printers reach 55 per cent of global SLS sales

    Formlabs said its Fuse series accounted for 55 per cent of all SLS 3D printers sold worldwide, with its North American sales team setting a new monthly sales record for SLS printers that August.

    Source

  11. Nov 2025

    Adds Tough 1000 and Tough 2000 resins to rival thermoplastics

    Formlabs announced two new Tough SLA materials for its Form 4 printers, Tough 1000 Resin and Tough 2000 Resin, which CEO Max Lobovsky said give SLA printing the strength and durability of common thermoplastics.

    Source

  12. 2026
    Feb 2026

    Adds Nasdaq veteran Rob Willett to board, fuelling IPO speculation

    Formlabs appointed Rob Willett, a veteran of Nasdaq-listed industrial firms, to its board, prompting trade press speculation about a future listing; the company has raised more than 250 million dollars since 2011 from investors including New Enterprise Associates, Foundry Group, Tyche Partners and SoftBank.

    Source

  13. Jun 2026

    Launches Fuse X1 and discloses 250 million dollars 2025 revenue

    Formlabs launched the Fuse X1 large-format industrial SLS printer starting at 84,999 dollars and for the first time disclosed financials, reporting more than 250 million dollars in 2025 revenue, two years of profitability and over 500 million parts printed by customers.

    Source

  14. Aug 2026

    Names former Apple hardware chief Dan Riccio as strategic advisor

    Formlabs announced former Apple hardware chief Dan Riccio as a strategic advisor alongside other board changes.

    Source

  15. 2026

    Posts record quarter on Fuse X1 demand, eyes three new platforms

    Formlabs reported all-time highs in hardware, non-hardware and SLS sales for its strongest quarter to date, driven largely by the Fuse X1, including several Fuse 1+ deals of eight or more units in June, and said it plans three new printer platforms in the next 12 months.

    Source

Posts about Formlabs

New machines

Formlabs' $690 Form Studio 1 undercuts its own $3,000 Form 4

New machines

UC Berkeley's OpenCAL volumetric printer forms parts in 90 seconds for $1,638

New machines

UC Berkeley's OpenCAL volumetric printer forms parts in 90 seconds for $1,638

Technology basics

FDM holes print about 0.25 mm undersized in the one test that discloses its method

New machines

Formlabs launches $699 Form Studio 1, first UL GREENGUARD Gold resin printer

Machine prices

Formlabs Form 4 and Form 4L cost 6.6x to 18x what Creality's Halot-Mage does, depending which Formlabs bundle you compare

AI and 3D

3Dnatives Lab tests Meshy 7.1, finds 97% pass claim built on 15 models

Last checked . Informational only, not investment advice. Timeline entries are compiled by hand from public sources and can lag real events. Figures come from company reports and news, not from us. Private companies rarely publish financials; where a figure is not disclosed we say so instead of estimating it. This page as JSON, free to use with a credit: open data.