The Autodesk-backed 3D printer developer 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 backed by design software producer Autodesk, 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.
Founded in 2011, Formlabs designs, developers and produces desktop 3D printing systems in…