Seattle-based Glowforge is helping creatives bring their visions to life with its 3D laser printers, and it recently secured fresh funding to develop new products.
On Wednesday, Glowforge announced that it raised $43 million in a Series E round led by DFJ Growth with participation from existing investors Foundry Group, Revolution Growth and True Ventures. According to Crunchbase, the company’s total capital raised now stands at $113.2 million across several rounds, including a crowdfunding round that netted Glowforge $27.9 million in under a month.
Glowforge creates user-friendly 3D printers that can cut, edge and engrave a bevy of materials including wood, leather, paper and stone. The printers have become popular for hobbyists and schools due to their ease of use. According to the company, the printer can be set up in under 30 minutes and are fully controllable through any web browser.
“We founded Glowforge because we believed in a world of personal creation — where people can create things for themselves. Now, hundreds of thousands of Glowforge users bring that to life with every click of the print button. From craft rooms to schools, workshops to offices, our 3D laser printers are printing millions of incredible creations each month,” Dan Shapiro, CEO and co-founder of Glowforge, said in a statement. “With this funding, Glowforge has the resources to expand our vision to empower the world to make magical things.”
Glowforge’s current products include different iterations of its 3D printer with various power outputs and cutting speeds. The company also sells a Glowforge Air Filter which supplies ventilations for its 3D printers.
Glowforge told TechCrunch that it would use the new funding for R&D and the commercialization of its products.
