Desktop digital manufacturing company Snapmaker raised millions of dollars in Series A funding

In late February 2021, desktop digital manufacturing company Snapmaker raised millions of dollars in the Series A round, funded by MatrixPartners China and Cowin Capital. This round of funding would facilitate the recruiting process and supply chain development at Snapmaker.

Snapmaker is dedicated to bringing professional maker experience to the consumer level. Its newest Snapmaker 3-in-1 3D printer utilizes aero-grade aluminum full metal body, along with its modular design, combining the 3D printing, laser engraving and CNC carving technologies into one desktop machine, while being integrated with a cross-platform CAM open-source software, the Snapmaker Luban. Providing a virtual and seamless workflow, Snapmaker has improved the versatility, functionality, accessibility, and aesthetics of traditional digital manufacturing tools, while lowering the bar of learning and creating. The Snapmaker 2.0 modular 3-in-1 3D printer has since won the 2020 CES innovation award.

In August 2016, Snapmaker was founded in Shenzhen. Our mission has been “creating fine tools to help dreams become realities.” Snapmaker was and still is the most funded technology project in Kickstarter history, and went on to raise our Pre-A round in 2019. We adapted to the fast-changing world in 2020 and had an increase of demand by 67% in the same year. We have shipped more than 45 thousand units to over 120 countries and areas, and have cooperated with over 60 distributors. The team has grown to over 100 employees, and it’s one of our goals to build an even more talented team in 2021.

We are truly grateful to our users. It is you who made and shaped us. Thank you for your support and feedback and we are excited to bring more wonderful tools to you and to the world.