Seattle-based 3D printer company Glowforge has laid off employees, according to multiple posts from former employees on LinkedIn.
The layoffs come after the company raised $20 million in May and $43 million in June of 2022. At the time of the $20 million round, Glowforge said it had raised $135 million since its founding in 2015.
Glowforge co-founder and CEO Dan Shapiro confirmed the layoffs Tuesday in an email but didn't share specific numbers. He also noted that a recent funding round didn't come together.
GeekWire first reported the job cuts, which come on the heels of 30 layoffs in December. According to the report, Glowforge had a funding round delayed in December, and that round was canceled a few weeks ago.
Glowforge's printers use lasers to cut and engrave a variety of materials, including leather, wood, metal and chocolate. Its printers range from roughly $1,000 to $6,000, according to the company's website. Glowforge had about 180 employees at the time of its June 2022 raise. The company now has about 155 employees listed on LinkedIn.
A year ago, the company released an artificial intelligence-powered feature called Magic Canvas that allows users to key in a short description and let Glowforge make a 3D-printed creation based off of that description.
The printers are aimed at educators, businesses and crafters, according to Glowforge's website. At the time of the June 2022 raise, Glowforge co-founder and CEO Dan Shapiro said getting the product into more schools was a priority for Glowforge.
"Kids as young as kindergarten and as adult as the grad students at UW have access to these devices that they can use in the course of their studying," Shapiro said at the time. "Sometimes they're used in engineering and prototypes. Sometimes they're used in art class. Sometimes they're used in humanities classes to go create incredible designs in entrepreneurship and the like."
The company's backers include DFJ Growth, Foundry Group, Revolution Group, True Ventures and others. DFJ Growth has invested in Twitter, Tesla and OpenAI, the maker of ChatGPT.
Editor's note: The story has been updated with confirmation of the layoffs from Glowforge's CEO.
