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Formlabs raises $35 million for its 3D printing system and teams with Autodesk | VentureBeat | Cloud | by Ken Yeung.

Formlabs announced that it has raised a $35 million Series B round of funding that will be used to grow its 3D printing platform. The company’s latest investment comes from new investor Foundry Group and includes participation from previous funders DFJ Growth; Pitango Venture Capital; and Apple’s former head in Europe, Pascal Cagni.

With more than $55 million in its coffers and Autodesk on its side, Formlabs appears ready to defend itself against an ever-crowded marketplace. Competitors include MakerBot, Carbon3D, 3D systems, and Glowforge. Interestingly, Foundry Group just participated in Glowforge’s $22 million Series B this week, and the firm’s cofounder, Brad Feld, previously invested in MakerBot. Formlabs’ last raise was in 2013, when the company brought in $19 million to fuel the rollout of its Form 1 printer.

Read more.

…and here are some posts from one of the VCs who is leading these rounds.

Formlabs $35 Million Financing
Glowforge’s $22 Million Financing