Fab Foundation
Operates a digital fabrication laboratory providing shared access to polymer AM, CNC, and laser tools for rapid prototyping and STEM education.
- CEO / Founder
- Sherry Lassiter
- Team Size
- 11-50
- Stage
- Established
- Total Funding
- $13.75M
- Latest Round
- Grant
- Key Investors
- National Science Foundation (NSF), DARPA, NIST, Chevron, Google, Autodesk, Nike
Technology & Products
Key Products
3D printing; Laser engraving/cutting; CNC machining; 3D scanning; Electronics fabrication; Training/workshops
Technological Advantage
Access to a standardized suite of digital fabrication tools (FDM printers, Roland Modela mills) and a global knowledge-sharing network (Fab Foundation).
Differentiation
Value Proposition
Reduces prototyping barriers for startups and researchers by providing low-cost, shared access to industrial-grade fabrication tools and a global knowledge network.
How They Differentiate
Focuses on community-driven open access and education rather than commercial-scale proprietary manufacturing or high-volume production.
Market & Competition
Target Customers
Hobbyists, students, startups, researchers, and small businesses needing rapid prototyping.
Industry Verticals
Education/STEM; Consumer products; Prototyping
Competitors
TechShop; MakerMedia spaces; Cambridge Makespace
Growth & Milestones
Growth Metrics
$6.5 million (2024, Fab Foundation); 2,500+ labs across 125 countries (as of 2023); Founding of the first Fab Lab at the MIT Center for Bits and Atoms (CBA); 2009: Establishment of the Fab Foundation to facilitate the global growth of the network; Network expansion reaching over 2,500 centers globally by 2023; Observed growth pattern of the network doubling approximately every two years; Global network spanning 125 countries, including regions such as North America, Europe, Africa, and Asia; focus is on community-based digital fabrication, local empowerment, and educational access rather than traditional commercial competition.
Major Milestones
Established 2011 as part of MIT CBA-inspired network; Expanded global Fab Lab model with standard tools
Notable Customers
National Science Foundation (NSF); Chevron; Moog Inc.; Make A Mind Co.; Amazon; United States Postal Service (USPS); South End Technology Center (SETC); The Fab Foundation; Asha Jadeja; Jamie Severson; IAAC (Institute for Advanced Architecture of Catalonia); College of Engineering Pune (COEP); Lego; Formlabs