Categories
3d-printing dentistry

Formlabs raises $150MM

Formlabs raises $150MM in a Series E round. This investment values the 10-year-old Somerville, MA company at $2 billion dollars. A double unicorn is an… ibex?

ibex
Photo by Lou Tamposi, taken in the Vanoise National Park. Ibex
CC BY-SA 2.5

It was a viewing of Print the Legend in Nov 2018 that turned this author into a Formlabs and CEO Max Lobovsky fan. I had helped select the Form 2 as a high-volume manufacturing platform some years before, but it was the documentary — which paired Formlabs + Makerbot against 3D Systems + Stratasys — that expanded my understanding of Formlabs from the local option to a vendor dedicated to 3D printing as a revolutionary platform.

The form factor and price point may make the Formlab’s family of products seem like toys compared to machines costing 10 or 100 times as much. That’s the strategy! If ubiquitous 3D printing is your goal, then Formlabs is showing how to do it.

The form factor enables single piece-flow. This is a lean manufacturing concept that strives to reduce batch sizes in exchange for easier error handling and load balanced workflows. Incremental changes in capacity are easy and affordable to implement. Go small to go big!

That’s not to say that 3D printing — and in particular, the SLA kind of printing — has sustainability challenges regarding material recycling and energy consumption. How is 3D printing greener than other types of manufacturing? It would be good to know the answer to that question.

The platform is one thing but what makes it valuable is the types of products that can be made. So, to that end, we need more end-use materials! When can we start printing clear aligners? What about greener materials? Could we print a compost-able dental model?

Congratulations to Formlabs raises $150MM and good luck meeting the needs of the dental industry in the future. Read more about the dental industry on the Metatooth blog.

Source: https://techcrunch.com/2021/05/19/formlabs-raises-150m/

Categories
startup

Metatooth <> Inc.ubate Coworking

Metatooth selected as a 2021 Entrpreneur in Residence at Inc.ubate Coworking Lynn

I am pleased and honored to be an Entrepreneur in Residence at Inc.ubate Coworking. Check out the others in the cohort including Dot Connector Consulting and The Sophisticated Chaton. This opportunity provides Metatooth with office space to plan, collaborate, and learn. Most importantly, it helps keep alive the drive to bring 3D printing “at scale” to Downtown Lynn. Thanks to EforAll Lynn and the Greater Lynn Chamber of Commerce for their past support. The encouragement I’ve received from these groups is so appreciated.

Check us out tonight at the Lynn Museum from 5-7pm!

Receiving support is the easy part. Metatooth still needs to deliver! More on that below.

Where are the mouthguards?

I am happy to report that metatooth.com has delivered sales in 2021! Unfortunately, the complaint rate is untenable. Development costs are low but the pace has been slow for a complete in-house process. Recent breakthroughs to report include the creation of models from impression scans. This is a fundamental building block for many custom products — not just dental.

Metatooth is eager to process more impressions. Order an impression kit to support this effort. You’ll have access to your digital impression for seven years and will have an opportunity to evaluate new products.

Thanks for your support and good health!

Click here to order a kit to support R&D

mouthguard

 

Categories
friday links

Friday Links

Friday links to a collection of news items I’ve recently come across. Each is not enough for a full blog post, but maybe I can cobble one together! My own news at the bottom.

Here is another example of a 3d-printed implant this time for plastic surgery. It’s a 3d-printed breast implant which will start clinical trials in Germany by the end of year. It’s a resorbable structure that allows for the recipient’s own tissue to be used as the bio-mass, instead of silicon or polyurethane.

What’s the latest on SmileDirectClub? While anticipation of the initial public offering was high, it ended up being a big dud. The stock dropped again after their first earnings report. Note that the past quarter’s revenue was above expectations: $180MM vs $165MM. That seems like plenty of money!?  It’s definitely not if you spend $600MM. They remain on track to increase revenue 78% this year. SmileDirectClub (NASDAQ: SDC) has stumbled, but with the HP partnership and continuing consumer demand, it doesn’t seem like they are going away anytime soon.

Formlabs recently announced the Form 3B and are all in on dental with their dedicated business unit. The white case of the 3B is a nod to the desired clinical setting for these devices. This market needs advanced materials and Formlabs appears to be investing in their development, along with the creation of a support organization to differentiate themselves from other OEMs at this price point.

What’s the latest from Metatooth? The first printed night guards have been received!

Alien Milling is my manufacturing partner. There are still things for me to learn about digital workflows! Each participant has embraced digital platforms, but they don’t work together. A challenge and an opportunity.

Thanks for reading Friday links. What have you noticed in the news regarding dental, 3d-printing, and digital workflows? Tell me about it in the comments!