3D Printing Marketplace Shapeways Raises $6.2 Million Series B Funding
With over 1 million 3D printed products, 150,000 community members, and 6,000 shops, 3D printing marketplace Shapeways has just announced a new round of funding to help fuel growth in creative commerce. Lux Capital led a $6.2 million financing, joining existing investors Union Square Ventures and Index Ventures.
Below is a letter from CEO Peter Weijmarshausen we received about the funding:
On a daily basis, we make thousands of unique products and deliver them to people all over the world. We create an online experience that ignites creativity and increases access to the best of 3D printing, at the lowest cost. We work hard to open manufacturing such that everyone — regardless of technical background or expertise — can create the products that populate their lives.
As you can imagine, this is no easy task. To help us realize our vision and support our community, we’re growing an awesome team, building out the “factory of the future” in NYC, and expanding US distribution.
We’re excited to announce that we have a new partner on board to help us fuel our growth and the rise of creative commerce: Lux Capital. Lux led a $6.2M financing, joining existing investors Union Square Ventures and Index Ventures.
We plan to use these additional funds to help the Shapeways team grow and bring creative commerce and 3D printing to everyone. With over 6,000 independent designers selling their products through our marketplace, Shapeways shop owners are tapping into a new economic model in which their products are created on demand for their customers, at no additional cost. With over 30 material options including the recent launch of colored ceramics and Elasto Plastic, our community members have access to materials that rival the quality and cost of what you can buy in a store. And with over 150,000 community members from all backgrounds using Shapeways regularly, we’re in a really exciting time for 3D printing — you no longer need to know 3D modelling software to make ideas real.
Lux’s local NYC presence and network, as well as its expertise in commercializing emerging technologies, will help us as we expand and in particular, build out our NYC “factory of the future.” Josh Wolfe, Co-Founder & Managing Partner of Lux shared, “We seek investment opportunities to help turn technical breakthroughs into world-changing businesses, and see Shapeways at the forefront of bringing the magic of 3D printing to everyday consumers.”
We’re moving really quickly to help bring Shapeways and 3D printing to everyone – to make it easier to make anything you want, to make it more affordable, and to make it faster, and faster.
We’re so lucky to have you on board for the ride.
Pete, Shapeways CEO and Co-Founder
Congratulations to the Shapeways team!