Stratasys Ltd. (Nasdaq: SSYS) announced on February 2 that it had received an investment of $ 120 million from the Israeli capital-investment company Fortissimo Capital. The transaction directly bought 11.65 million shares newly issued for US $ 10.30 per share, a bonus of 10.6% compared to the company’s closing price on January 31, 2025.
Before this investment, Forssimo only holds 1.5% of stratasys. Once the transaction is completed, Forssimo will become one of the main shareholders of stratasys, the shareholding ratio of around 15.5%. The agreement should conclude in the second quarter of 2025, but it must still be examined by the Commission on foreign investments (CFIUS).
This investment reflects Fortissimo’s long -term commitment to stratasys and highlights the potential and the value of stratasys in the additive manufacturing industry. Stratasys hopes to improve the value of shareholders thanks to this collaboration, promote the implementation of its growth strategy and strengthen the business balance sheet, laying the basics of seizure of important opportunities in the additive manufacturing industry.
Fortissimo Capital is one of the main Israeli investment capital-based capital funds in the technology and industry sectors. The company previously financed Tritone and Kornit Digital, a startup that has developed a 3D 3D print technology in unique high speed metal, and the latter has its own inkjet technology for 3D digital embroidery printing on textiles.
Dr. Yoav Zeif, director and CEO of Stratasys, said: “Fortissimo’s investments reflect their confidence in our business leadership, performance and future growth potential. Business.
With the completion of this investment, Yuval Cohen, founder and managing partner of Forssimo, will join the Stratasys board of directors to replace the next director. Mr. Cohen has more than 30 years of financial and management experience and will work closely with the stratasys management team to help the company achieve its strategic objectives.
Mr. Cohen said: “We are confident in the future of additive manufacturing and believe that the stratasys will continue to play a leading role in the industry. 3D printing technology.
To fully understand the importance of this funding, we must first examine the turbulent situation of stratasys in 2024. In September, Stratasys, the world’s leading manufacturer of 3D printers, announced that it would reduce around 15% of its workforce global to meet commercial challenges and optimize operational efficiency. In addition, society has been involved in prosecution against counterfeits against Tuozhu since August.
These challenges exert more pressure on the future development of stratasys, while making the investments of Fortissimo Capital crucial. This investment provides not only financial support essential to stratasys, but it can also inject new impetus into future strategic adjustments and business growth.
