August 7, 2016 | Israeli company Formlabs, which develops high resolution desktop 3D printers, has raised $35 million Series B funding round led by the Foundry Group. Other investors included Pitango, Pascal Cagni, DFJ Growth and CAD titan Autodesk, which promised ‘strategic collaboration’ with Formlabs as a part of their investment. The new investment will enable Formlabs to scale its operations to meet growing customer demand worldwide, grow R&D efforts, and to extend Formlabs’ reach in the market and ecosystem. Formlabs was founded in 2011 by Maxim Lobovsky, Natan Linder, and David Karnor, a graduate of the Herzliya InterDisciplinary Center (IDC) Zell Entrepreneurship Program.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts
Israeli AI Safety Tool Among TIME’S Best Inventions For 2024
October 31, 2024
TAU Team Discovers Mechanism To Eliminate Cancerous Tumors
October 30, 2024
Ashdod Port Investing In Startups As Part Of Innovation Strategy
October 29, 2024
BGU Develops Fast Fact Checking Via News Sources Not People
October 28, 2024
Facebook comments