Google Ventures, BMW, Lowe's Invest in Desktop Metal

Desktop Metal, an emerging startup with the mission to bring metal 3D printing to all design and manufacturing teams, announced today it has raised a total of $97 million in equity funding since its founding in October 2015. The announcement comes as the result of the latest Series C investment of $45 million, led by GV (formerly Google Ventures), as well as BMW i Ventures and Lowe's Ventures. Desktop Metal will use the funding to continue to develop its technology and scale production as the company prepares for its product launch later this year. 
Driven by invention, Desktop Metal is committed to accelerating the adoption of metal 3D printing in design and manufacturing through the creation of innovative technology that produces complex parts. Previous investors include NEA, Kleiner Perkins Caufield & Byers, Lux Capital, GE Ventures, Saudi Aramco, and 3D printing leader Stratasys.   Full Press Release.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Reduce Worker Discomfort with Industrial Sports Medicine™ Solution

Reduce Worker Discomfort with Industrial Sports Medicine™ Solution

Workers with musculoskeletal pain lose an average of 5.5 hours of productive time every week. But musculoskeletal injuries are avoidable with preventative care. Briotix Health's Industrial Sports Medicine™ solution is proven to increase employee productivity and reduce the occurrence and expense of musculoskeletal injuries. With a focus on early intervention, our Industrial Sports Medicine Professionals work in your facilities to manage discomforts and reduce injury risks for your employees. This best-in-class care is not only good for your bottom line by reducing lost workdays and absenteeism, but it also improves your employees' work experience in a meaningful way with personalized support to keep them performing their best. Learn More About Industrial Sports Medicine™ by Briotix Health