Tag

glowforge

Glowforge Plus Launches on Amazon Exclusives

Glowforge recently launched their 3D laser printers to the public, making their product line available within 10-day delivery. As an early investor (and a huge fan) this was an incredibly gratifying moment, as Glowforge is now shipping – in volume – the product from one of the most popular pre-order campaigns in history. We’ve been…

Glowforge Launches, With a Focus On Their Customers

While I was in Seattle last week, I had a chance to stop by the Glowforge office and talk to the team during one of their biggest weeks since their historic 30-day crowdfunding campaign. An electric energy buzzed in the air along with the familiar low hum of anticipation in advance of a big product…

Glowforge is Shipping #whatmadethis

Regardless of those childhood aspirations of Batcaves and Tony Stark’s high tech compounds, not every VC has an office (or a company portfolio) full of lasers. But I’m one of the lucky ones. A little history: Foundy made our first investment in Glowforge, the Seattle-based 3D laser printer, back in June of 2015 after seeing…

Formlabs $35 Million Financing

We just led a $35 million financing at Formlabs. In case you were wondering, lasers are super cool. In 2010, when we invested in MakerBot, the maker movement was just beginning. While 3D printing technology had been around for 30 years, there were no desktop 3D printers. The concept of using an additive process for…

Glowforge’s $22 Million Financing

We just led a $22 million financing in Glowforge. I’ll start with the punchline – lasers are super cool. When we led a $9 million financing in Glowforge a little over a year ago, we were excited about the potential to do to the subtractive 3D printing world what we did with MakerBot in the…

Watch Me Use A Glowforge

If you’ve been following our Glowforge investment you will be familiar with the pre-order campaign they are currently running. Halfway through (with 15 days to go) they are now at $7.8 million. Yesterday, Dan Shapiro and I did a video of me creating a Foundry Group coaster out of a piece of wood. It was…

Price of Admission Is An Amazing Product

As I read about the unveiling of the Tesla Model X, I have two thoughts. The first one is “I want” (hint: Amy – you need to replace your red Range Rover.) The second is that price of admission is an amazing product. Indulge me while I go on an amazing product rant from our portfolio….

Glowforge Pre-order With 50% Discount

Glowforge has started taking pre-orders with an expected ship date of the pre-orders of before the end of the year. It’s one of the most magical products I’ve ever been involved with. It’s in the “show, don’t tell” category, so spend three minutes of your life and see what you can do with it. For the…

The Pre-money vs. Post-money Confusion With Convertible Notes

The other day, Mark Suster wrote a critically important post titled One Simple Paragraph Every Entrepreneur Should Add to Their Convertible Notes. Go read it – I’ll wait. Or, if you just want the paragraph, it’s: “If this note converts at a price higher than the cap that you have been given you agree that in the…