3D printer Formlabs buys 500 Startups-backed Pinshape
Formlabs, a maker of 3D printing technology, announced it has acquired venture-backed Pinshape for an undisclosed price. Vancouver-based Pinshape, a consumer marketplace for 3D printable products, raised US$825,000 in seed-stage funding over 2014-2015 from 500 Startups, DeNA, ChinaRock Capital Management and 500 Startups co-founder Dave McClure, according to its AngelList profile. The acquisition deal is the first for Somerville, Mass.-based Formlabs, which is backed by DFJ Growth, Innovation Endeavors and Pitango Venture Capital. Earlier this year, 500 Startups launched 500 Canada, a US$30 million Canadian venture capital fund.
3 May 2016•3 mins read
