MIT spinout Formlabs has achieved unicorn status after obtaining $15m from New Enterprise Associates.

Formlabs, a US-based 3D printing technology spinout from Massachusetts Institute of Technology (MIT), has raised $15m in funding from venture capital firm New Enterprise Associates. The spinout is now valued at more than $1bn. The capital was announced alongside the appointment of Jeff Immelt, former chairman and chief executive of conglomerate General Electric, to Formlabs’…

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