The 3D printer developer, spun out of MIT Media Lab, increased its overall funding to $85m in a series C round that will support growth in Asia.
Formlabs, a US-based 3D printing technology developer spun out of Massachusetts Institute of Technology (MIT), secured $30m yesterday in a series C round led by venture capital firm Tyche Partners.
Shenzhen Capital Group, the VC firm formed by the Chinese city of Shenzhen’s municipal government, also took part in the round, along with UpNorth Investment, DFJ, Pitango Venture Capital and Foundry Group. It took Formlabs’ total funding to $85m.
Spun out of the MIT Media Lab and Center for Bits…
