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
Technologies
SLA, SLS

Timeline

8 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

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.