Formlabs Expands Distribution to Singapore and Australia

Share this Article

form4Two years ago, a startup was born out of one of the most successful Kickstarter campaigns of all-time. Formlabs, the brainchild of founders Maxim Lobovsky, David Cranor, and Natan Linder, raised a staggering $2,945,885 on the crowdfunding website for their Form 1 SLA 3D printer. Despite a tumultuous first year where the company had repeated delays in shipping its units to backers, and pending patent litigation with 3D Systems, they have certainly created a name for themselves.

After recieving a $19 million Series A round of financing, led by DFJ Growth, the company has been firing on all cylinders. In June of this year, Formlabs announced their latest printer, the Form 1+ which featured a much more powerful laser for faster print speeds, as well as other key improvements over their first machine.form3

In order for the company to continue its growth, they need to make their products available to new markets other than just the United States and Europe. That’s exactly what they intend to do, announcing today an expansion of their distribution channels, as well as customer support to Australia and Singapore. This is in response to a growing interest in this region of the world for 3D printers in general.

“We are excited to bring the Form 1+ to users in Australia and Singapore,” said Formlabs co-founder, Max Lobovsky. “They are important markets, and we’ve received many requests to include them in our distribution. We created Formlabs to empower engineers and designers all over the world to create remarkable things. We’re really happy to be able to offer our product to users in Australia and Singapore.”

The Somerville, Mass. company will thus be providing the same level of customer experience to these new markets, providing their one-year warranty, support, and printer maintenance services at no additional cost.

As the market and competition for 3D printers, based on stereolithography technology is about to expand with Autodesk’s Spark platform and 3D printer coming to market, now seems to be the perfect time for the company to extend their reach to some of the areas of the world seeing the most growth within the industry.

Do you own either of the Formlabs 3D printers? What do you think about their expansion to the east? Let’s hear your thoughts in the Formlabs forum thread on 3DPB.com.

form2

Share this Article


Recent News

PEAK Launches Alien Beast 3D Printed Shoes for Limited Sale

Arevo Announces New Aqua 2 Carbon Fiber 3D Printer, $25M in Series B Funding



Categories

3D Design

3D Printed Art

3D printed automobiles

3D Printed Food


You May Also Like

Nexa3D Acquires NXT Factory, Introduces Eco-Friendly 3D Printing Washing Solvent

While Nexa3D may specialize in manufacturing super-fast stereolithography 3D printers, the company has been branching out recently, and narrowing its focus on the materials side of things. It launched the...

Featured

DyeMansion Secures Additional $14M in Series B Funding from New & Existing Investors

German company DyeMansion is known for its coloring and post-processing equipment, such as its three-step Print-to-Product workflow geared toward industrial 3D printing environments. Now, in order to continue transforming and...

T3D Announces New LCD-Based High-Speed 3D Printing System

Taiwan 3D Tech, also known as T3D, is a startup spin-off from the National Taiwan University of Science and Technology (NTUST). Headquartered in Taipei, the company was officially founded in...

3DPOD Episode 32: Tuan TranPham, Arevo

Tuan is known universally by his first name alone. Like Madonna and Beyonce, everyone knows hi by just that one name. In Tuan’s case his fame is 3D printing specific...


Shop

View our broad assortment of in house and third party products.