Formlabs Acquires 3D Printing Startup Micronics Mid-Kickstarter Campaign

Picture this: a small startup from Wisconsin, just beginning to make waves in the 3D printing world, gets scooped up by a bigger player right in the middle of its Kickstarter campaign. That’s exactly what happened when Formlabs, the MIT-born pioneer in stereolithography (SLA) printing, acquired Micronics, a budding venture focused on selective laser sintering (SLS) technology. Let’s dive into the juicy details and discover what this strategic move means for the 3D printing industry.

Acquisition Details

• Formlabs Acquires Micronics: Formlabs has taken a significant step by acquiring Micronics, a small 3D printing startup from Wisconsin.
• Micronics’ Story: Founded in 2021 by recent graduates Henry Chan and Luke Boppart, this two-man operation had raised about $400,000 through a Kickstarter campaign before Formlabs came into the picture.

Background of the Companies

• Formlabs:
• Originated from MIT with a mission to democratize SLA printing.
• Historically, SLA printing was limited to expensive, industrial-grade systems.
• Micronics:
• Focused on expanding accessibility to industrial printing technology…