Acquired by Nano Dimension for ~$116M ($5.00/share) in April 2025 β a fraction of its SPAC debut.
The rise & fall
6 moments Β· 2013β2025
The key moments, with employee sentiment along the way.
2013
π±
2013
Founded in Massachusetts
Greg Mark builds printers that lay carbon fiber into parts strong enough to replace machined metal.
Wikipedia
Jul 2021
π
Jul 2021
The peak: a $2.1B SPAC debut$2.1B
Merges with the SPAC "one" and lists on the NYSE at the top of the additive-manufacturing hype β unicorn status and a ticker in a single stroke.
SEC filing
2022
π
2022
Slips out of the club
The industrial 3D-printing market proves smaller and slower than the SPAC pitch; revenue disappoints, losses persist, and the stock collapses.
Macrotrends
2022β24
π¬
From the inside Β· Glassdoor reviews, 2022β24
Employee reviews from the slide described repeated layoff rounds β several landing after assurances that jobs were safe β priorities that shifted constantly, rushed product launches, and a steady exodus of veteran talent.
Apr 2025
π€
Apr 2025
Acquired by Nano Dimension for ~$116M$116M
Nano Dimension, mid-consolidation-spree after also swallowing Desktop Metal, pays $5.00 a share β roughly 5% of the debut value.
Fabbaloo
π¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β; dated facts carry their source.
How it happened
Markforged builds industrial 3D printers that produce strong carbon-fiber- and metal-reinforced parts, and went public in 2021 via a SPAC merger valuing it around $2.1B amid the additive-manufacturing hype. The market proved far smaller and slower than the SPAC pitch implied; revenue disappointed, losses persisted, and the stock collapsed.
In April 2025 Nano Dimension, on a consolidation spree that also swept up Desktop Metal, acquired Markforged for about $116M ($5.00 a share), a fraction of its debut value.
Source: SEC / Fabbaloo (SPAC merger with one Acquisition Corp 2021 at ~$2.1B; Nano Dimension acquisition completed April 25 2025, ~$116M at $5.00/share)
Founders & leadership
Shai Terem
President & CEO (led it through 2025 Nano Dimension acquisition)
Now Chief Financial Officer at Sunbit Β· LinkedIn β
Greg Mark
founder & CEO, later chairman (MIT aero engineer; first to print continuous carbon fibre)
Now Founder and CEO at Backflip, AI Β· LinkedIn β
Current roles as self-reported on LinkedIn, retrieved 2026-08-20. See our methodology.
