Brooklyn’s own Makerbot Industries, the buzzy startup that produces 3D printers and recently opened a storefront in Nolita to display its printed plastic wares, is reportedly looking to raise a round totaling $25 million. Or maybe they’re in acquisition talks. It’s definitely one of those things, so says the Wall Street Journal.
Sources told the Journal that Makerbot was courting VCs to raise around $25 million at a $300 million valuation, but that the talks abruptly stalled when acquisition offers began heating up. An actual acquisition is probably a long way off, the sources said, but comes at a time when we’ve already reached Peak 3D Printing.
Makerbot was founded just over 3 years ago, and the Journal reports that it made about $10 million in revenue last year, and is expecting to bump that up to $50 million this year.
No word on how much of that valuation hinged on the success of that Will.i.am/Britney Spears 3D printing music video.