Aug. 7 at 10:25 PM
Formlabs, a Massachusetts-based manufacturer of 3D printing systems, is in preliminary discussions with potential advisers about a possible initial public offering, Bloomberg reported, citing people familiar with the matter. The company could seek to raise approximately
$500 million through the offering, although no final decision has been made and the size, timing and structure of the IPO could still change.
Formlabs was valued at around
$2 billion in a 2021 financing round led by SoftBank Vision Fund 2, highlighting the company’s growth and investor interest in the industrial 3D-printing market. The company develops 3D printers, materials and related manufacturing solutions for commercial and industrial customers, serving applications such as prototyping, product development and production.
If pursued, the IPO would give Formlabs access to public-market capital to potentially support expansion, product development and manufacturing capacity.
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