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Shapeways went public via a SPAC merger with Galileo Acquisition in a $410m deal.

Synopsis

Shapeways, a company operating in digital manufacturing industry, went public via a SPAC merger with Galileo Acquisition in a $410m deal. Investors in PIPE include Miller Value, XN, Desktop Metal, Lux Capital, Union Square Ventures, INKEF Capital and Andreessen Horowitz. “Our vision to enable anyone to rapidly transform digital designs to physical products is reaching a significant milestone today as we transition Shapeways into a public company. We have been successfully executing on our vision, and this capital will allow us to empower digital manufacturing at scale, accelerating Shapeways’ additive manufacturing capabilities while expanding the Company’s material and technology offerings to more markets and industries," Greg Kress, Shapeways CEO.

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