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Tuesday, April 23, 2013

3-D printing firm Shapeways raises $30 million

Shapeways, probably the highest-profile of online 3-D printing firms, has raised $30 million in a series C round of venture financing, reports the NY Times. It had previuosly raised $17 million.

Shapeways is sort of a portal for 3-D printing, providing a way for people get stuff printed and a way to sell it, with 3 million products (mostly plastic tchotchkes) in an online catalogue.

(The company) planned to use the new money to expand the team and increase production at the factory. Shapeways has been introducing new materials, like sophisticated plastics, metals and ceramics, to expand the possibilities of what can be made, and it recently opened a factory in Queens to help cut the costs of printing and shipping even further.