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- Magical Innovations and Strong Growth Propel Glowforge's Series E Funding with an Additional $20M
Magical Innovations and Strong Growth Propel Glowforge's Series E Funding with an Additional $20M
Glowforge's 3D laser printer revolutionizes creativity with generative AI and expands market reach
WHO Glowforge targets creators, businesses, and educational institutions, empowering them to transform ideas into physical reality.
WHAT Glowforge's cutting-edge technology utilizes generative AI, such as Magic Canvas, to transform simple descriptions into unique, tangible creations across various materials.
WHY Glowforge's innovations fuel imagination, provide supplemental income opportunities, and empower users to express their creativity in today's economy.
HOW IT WORKS Glowforge's 3D laser printer combines subtractive technology and a user-friendly cloud-based app to cut, engrave, and score materials, enabling effortless creation.
Wood Engraving - Post-it Note Holder
AVAILABILITY Glowforge's innovative 3D laser printer is currently available, empowering creators and educators to bring their ideas to life.
CUSTOMER TRACTION Glowforge has garnered a strong user base, with over 100,000 creators and adoption in more than 4,000 schools across the United States.
FUNDING Glowforge successfully raises $20 million in Series E funding, bringing total financing to $135 million, with participation from leading investors DFJ Growth, Foundry Group, Revolution Growth, and True Ventures.
KEY TAKEAWAY Glowforge's Series E funding underscores its position as a market leader, driven by breakthrough innovations and a commitment to empowering creators worldwide.