Stratasys, a company specializing in polymer 3D printing, has completed a strategic investment round of 0 million from Israeli private equity firm Fortissimo Capital. As part of the transaction, Fortissimo acquired 11,650,485 newly issued ordinary shares at a price of $10.30 per share, representing approximately 14 percent of the company’s issued share capital. Following the transaction, Fortissimo now holds around 15.5 percent of Stratasys’ total issued and outstanding ordinary shares.
The investment is part of a long-term strategy aimed at strengthening Stratasys’ position in the industrial 3D printing market. The capital will primarily be used for further development of product lines, support of growth initiatives, and expansion of technological capabilities. As part of the deal, Yuval Cohen, founder and Managing Partner of Fortissimo Capital, has joined the Stratasys Board of Directors, replacing Dr. Yoav Zeif, who voluntarily stepped down.
Dov Ofer, Chairman of the Board of Directors of Stratasys, stated: “I would like to congratulate Yuval on joining the Board of Directors. His rich business experience will bring great value to the company as it continues its path as a global leader in the field of 3D printing.”
Cohen brings over three decades of experience working with technology companies, particularly in the area of strategic corporate development.
Yuval Cohen added: “Fortissimo made this significant investment in Stratasys out of recognition of its leadership, the tremendous growth potential inherent in its technology portfolio and its dedicated management team led by Yoav. I look forward to working with the company’s outstanding Board of Directors and management to unlock value for customers, employees and shareholders.”
For years, Stratasys has pursued a consolidation strategy in the 3D printing market, including planned acquisitions and the development of new additive manufacturing platforms. The fresh capital injection is expected to significantly expand the company’s scope for partnerships and R&D projects. In an increasingly competitive environment, Fortissimo’s involvement is likely to provide not only financial stability but also strategic influence over the company’s future direction.
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