The amount of 9 million dollars in a Series A funding was raised from Glowforge, a startup that plans to make 3-D laser printers that are easy to operate and affordable enough for home users!
The funding process was led by Foundry Group, with the participation of True Ventures and ex-MakerBot executives Bre Pettis and Jenny Lawton. Today, many 3D printers are available at the market from brands such as MakerBot, Formlabs, Cricut, etc., but Glowforge product is different through the use of a subtractive technology. The company plans to deliver its product by the end of 2015, at a price point of less than $2.500.