{
 "licence": "CC BY 4.0",
 "licence_url": "https://creativecommons.org/licenses/by/4.0/",
 "cite_as": "Nozzle4, https://nozzle4.com/data/",
 "note": "Compiled by Nozzle4 from the sources linked on each row. The facts belong to their sources; the compilation is licensed CC BY 4.0, so use it with a credit and a link.",
 "slug": "formlabs",
 "name": "Formlabs",
 "status": "private",
 "status_label": "Private",
 "segment": "Desktop and professional printers",
 "page": "https://nozzle4.com/companies/formlabs/",
 "listing": null,
 "headquarters": "Massachusetts, USA",
 "founded": 2011,
 "ownership": "Private; venture-backed by New Enterprise Associates, Foundry Group, SoftBank and others",
 "technologies": [
  "SLA",
  "SLS"
 ],
 "description": "Makes professional desktop resin (SLA) and powder (SLS) printers and the materials that run on them. Private; valued at 2 billion dollars in 2021.",
 "last_checked": "2026-10-04",
 "timeline": [
  {
   "date": "Sep 2011",
   "title": "Founded by three MIT Media Lab students",
   "detail": "Maxim Lobovsky, Natan Linder and David Cranor.",
   "source": "https://en.wikipedia.org/wiki/Formlabs"
  },
  {
   "date": "Sep 2012",
   "title": "Form 1 Kickstarter raises 2.9 million dollars",
   "detail": "Launched on 26 September 2012 against a 100,000 dollar goal, with more than 2,000 backers.",
   "source": "https://formlabs.com/company/press/formlabs-kickstarter-completion-announcement/"
  },
  {
   "date": "Aug 2018",
   "title": "Passes a 1 billion dollar valuation",
   "detail": "A 15 million dollar round took total funding to 100 million.",
   "source": "https://techcrunch.com/2018/08/01/formlabs-goes-unicorn-with-latest-funding-round/"
  },
  {
   "date": "May 2021",
   "title": "Raises 150 million dollars at a 2 billion valuation",
   "detail": "A Series E led by SoftBank Vision Fund 2, announced on 19 May 2021.",
   "source": "https://www.businesswire.com/news/home/20210519005603/en/Formlabs-Doubles-$2-Billion-Valuation-with-Close-of-$150-Million-Series-E-Led-By-SoftBank-Vision-Fund-2"
  },
  {
   "date": "Apr 2024",
   "title": "Launches the Form 4 at 4,499 dollars",
   "detail": "Built on a new Low Force Display print engine; the dental Form 4B started at 6,299 dollars.",
   "source": "https://3dprintingindustry.com/news/formlabs-launches-new-3d-printers-form-4-and-form-4b-229801/"
  },
  {
   "date": "Jul 2024",
   "title": "Acquires Micronics",
   "detail": "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": "https://formlabs.com/company/press/formlabs-acquires-micronics/"
  },
  {
   "date": "Aug 2024",
   "title": "Confirms fewer than 40 layoffs",
   "detail": "Out of a headcount of just under 750, spread over two years.",
   "source": "https://techcrunch.com/2024/08/15/3d-printing-stalwart-formlabs-confirms-small-number-of-layoffs/"
  },
  {
   "date": "Oct 2024",
   "title": "Announces the large-format Form 4L",
   "detail": null,
   "source": "https://www.businesswire.com/news/home/20241015773841/en/Formlabs-Announces-Form-4L-New-Blazing-Fast-Large-Format-SLA-Printer-and-Introduces-Developer-Platform"
  },
  {
   "date": "Mar 2025",
   "title": "Launches tougher Tough 1500 V2 resin for Form 4 series",
   "detail": "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": "https://sgd3d.co.uk/3d-printing/news/formlabs-spring-2025-announcement/"
  },
  {
   "date": "Sep 2025",
   "title": "Fuse SLS printers reach 55 per cent of global SLS sales",
   "detail": "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": "https://www.voxelmatters.com/formlabs-reports-55-of-3d-printers-sold-globally-are-fuse-systems/"
  },
  {
   "date": "Nov 2025",
   "title": "Adds Tough 1000 and Tough 2000 resins to rival thermoplastics",
   "detail": "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": "https://develop3d.com/3d-printing/tough-resin-formlabs/"
  },
  {
   "date": "Feb 2026",
   "title": "Adds Nasdaq veteran Rob Willett to board, fuelling IPO speculation",
   "detail": "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": "https://3dprintingindustry.com/news/formlabs-ipo-speculation-as-public-company-veteran-joins-board-249104/"
  },
  {
   "date": "Jun 2026",
   "title": "Launches Fuse X1 and discloses 250 million dollars 2025 revenue",
   "detail": "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": "https://www.voxelmatters.com/formlabs-launches-fuse-x1-a-large-format-sls-system-starting-at-84999/"
  },
  {
   "date": "Aug 2026",
   "title": "Names former Apple hardware chief Dan Riccio as strategic advisor",
   "detail": "Formlabs announced former Apple hardware chief Dan Riccio as a strategic advisor alongside other board changes.",
   "source": "https://formlabs.com/company/press/"
  },
  {
   "date": "2026",
   "title": "Posts record quarter on Fuse X1 demand, eyes three new platforms",
   "detail": "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": "https://www.voxelmatters.com/formlabs-plans-three-new-printer-platforms-in-the-next-12-months-after-a-record-q3-2026/"
  }
 ]
}