Glowforge Raises $43M in Series E Funding

Glowforge

Glowforge, a Seattle, WA-based creator of a 3D laser printer, raised $43M in Series E funding.

The round was led by DFJ Growth, with participation from existing investors Foundry Group, True Ventures, and Revolution Growth.

The company intends to use the funds to expand operations, and its business reach.

Founded in 2015 by CEO Dan Shapiro and CTO Mark Gosselin, Glowforge created a 3D laser printer. The laser printer can cut, etch and engrave products from hundreds of materials, including wood, leather, acrylic, paper, fabric, cardboard, metal, glass, ceramic, stone, laptops — and even chocolate.

It can be set up in under 30 minutes and controlled through a web browser on any Mac, PC, tablet and smartphone. The integrated print app, which is free, means users can take sketches, photos and digital designs from idea to reality in minutes.

FinSMEs

23/06/2022