Formlabs explores initial public offering with potential advisers

Formlabs, the Somerville, Massachusetts-based 3D printing company, is in discussions with potential advisers as it prepares for an initial public offering. The move would mark one of the more notable tech IPOs in the additive manufacturing space, bringing a company valued at $2 billion in its last private round into the public markets. Formlabs reported annual revenue exceeding $250 million for 2025 and a free cash flow margin above 10%. Building the IPO playbook In February, Formlabs added Rob Willett to its board of directors. Willett previously served as CEO of Cognex Corporation, a publicly traded machine vision company. Then in June, Formlabs unveiled the Fuse X1, a large-format selective laser sintering printer designed for industrial production. During that announcement, the company disclosed its revenue and cash flow figures. No IPO filing has been submitted, and the company has not publicly confirmed plans to go public. A decade of fundraising, and what comes next Formlabs has raised approximately $254 million across multiple funding rounds over its lifetime. The most significant came in May 2021, when the company closed a $150 million Series E led by SoftBank Vision Fund ...