Business & Finance
SoftBank-Backed 3D Printer Maker Formlabs Is Said to Weigh IPO
Key Points
SoftBank-Backed 3D Printer Maker Formlabs Is Said to Weigh IPO Formlabs, a maker of 3D printers, is in early talks with potential advisers for an initial public offering, according to people familiar with the matter. The Somerville, Massachusetts-based company could raise about $500 million in a listing, one of the people said, asking not to be identified as the information isn’t public. The company was valued at roughly $2 billion in a 2021 funding round led by SoftBank Vision Fund 2.
SoftBank-Backed 3D Printer Maker Formlabs Is Said to Weigh IPO
Formlabs, a maker of 3D printers, is in early talks with potential advisers for an initial public offering, according to people familiar with the matter.
The Somerville, Massachusetts-based company could raise about $500 million in a listing, one of the people said, asking not to be identified as the information isn’t public. The company was valued at roughly $2 billion in a 2021 funding round led by SoftBank Vision Fund 2.