Meet Your Maker
Meet Your Maker
This morning, Betabeat ventured forth to the industrial environs of Long Island City for a ribbon-cutting at what’s being billed as the “factory of the future.”
Naturally, quite a few tech scene regulars were in attendance, like New York City Economic Development Corporation president Seth Pinsky. But, by and large, it was mayor Michael Bloomberg’s show–that, and of course Shapeways, the company that’ll soon be 3D printing user-generated designs right were we were standing.
“There are plenty of good reasons we want New York City to be the epicenter of the industry, something, folks, that the factory and the research lab here at Shapeways will help make possible,” he told us, before adding, for anyone missing the point: ”This is the future of our city.”
Reinventing design and manufacturing for the 3D-printing age sounds more capital-intensive than your run-of-the-mill social networking app. Thus to fund its growth, Shapeways, a Dutch company now headquartered in New York, just announced $6.2 million in financing led by Lux Capital, which the company says is an add-on to the $5.1 million series B round raised from Union Square Ventures and Index Ventures last November.
Lux Capital doesn’t typically fund consumer-facing startups. According to its website, the Madison Avenue venture capital firm has been more concerned with cancer therapies and petroleum replacements, which is a vote of confidence in Shapeways’ potential. ”We seek investment opportunities to help turn technical breakthroughs into world-changing businesses,” Lux cofounder Josh Wolfe said on the company’s blog.