Shapeways

3D printing/manufacturingUSA
New to Unitard
πŸ’€ Dead / Bankrupt
PeakΒ $1.4 BillionToday
~-99%
from peak
  1. πŸ¦„
    Became a unicorn
    2021
  2. πŸ“ˆ
    Peak valuation
    $1.4 Billion ’21
  3. πŸ’”
    Became a Unitard
    Jul 2024
  4. πŸ’Έ
    Last valuation
    Wiped out
πŸ”₯ Raised & burned
$107M
Total raised
$17.2K/day
Burned Β· 17.1y alive
Funding: Crunchbase/Tracxn
Current status
Chapter 7 liquidation (Jul 2024)

The rise & fall

5 moments Β· 2007–2024

The key moments, with employee sentiment along the way.

2007
Founded inside Philips
Spun out of a Philips incubator in the Netherlands, the on-demand 3D-printing marketplace later makes New York home.
Wikipedia
Aug 2021
The peak: a $1.4B SPAC debut$1.4B
Fourteen years in, the marketplace goes public via SPAC at roughly a $1.4B market cap.
SEC filings
2022–23
Losses all the way down
It never turns a profit as costs outrun the niche demand for on-demand printing.
SEC filings
From the inside Β· Glassdoor reviews, 2022–24
Glassdoor reviewers called it early, arguing the company went public far too soon and the C-suite never grasped manufacturing. The finish matched their fears: a business collapsing overnight, some 200 workers jobless without warning β€” while insiders suspected leadership had seen it coming.
Jul 2024
Chapter 7 β€” joins the Unitard Club πŸ’”
No reorganization, straight to liquidation: seventeen years and a $1.4B SPAC debut end at roughly zero.
Court filing
$1.39Bof peak value erased Β· 17 years

πŸ’¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—; dated facts carry their source.

How it happened

Shapeways ran an on-demand 3D-printing marketplace and manufacturing service, going public via SPAC in August 2021 at roughly a $1.4B market cap. It never turned a profit as costs outran its niche demand, and it filed for Chapter 7 liquidation in July 2024.

Source: SEC filings; SPAC Aug 2021

Where they went

  • Greg Kress
    CEO
    Co-Founder at OTTO dms
  • Peter Weijmarshausen
    co-founder & CEO (spun it out of Philips' LifeStyle Incubator in 2007)
    CEO / Co-founder at Humane Genomics
  • Robert Schouwenburg
    co-founder (left in 2012; helped buy the assets back out of bankruptcy in 2024)
    Board Member at Thangs3D
  • Marleen Vogelaar
    co-founder & COO (left 2014; bought the assets out of bankruptcy in 2024 and is CEO of the revived Shapeways)
    CEO & Board Member at Thangs3D

Current roles as self-reported on LinkedIn, retrieved 2026-08-21. See our methodology.

More from the club

Same fate Β· Chapter 7
πŸ¦„