Formlabs raises $150M

The news comes during a kind of resurgence as the once-beleaguered industry is seeing a massive uptick in interest – and funding. Of note, Desktop Metal, Shapeways, Velo3D and Markforged have all announced places to go public via SPAC. The company notes a recent study that projects that the industry will hit more than $51 billion by 2026. The news arrives as technology is improving, materials are diversifying and companies are looking for ways to introduce additive manufacturing into mass production.