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Manufacturing

Desktop Metal

Desktop Metal raises $125M Series Unknown at $2B valuation

$125M
Total Raised
Series Unknown
Latest Round
2015
Founded
500+
Employees
63 3rd Avenue, Burlington, MA 01803
Updated April 12, 2024
1 min read

Quick Facts

Valuation
$2B
Latest Round Size
$125M
Latest Round Date
April 2024

Desktop Metal: Series Unknown Funding Round

Desktop Metal has successfully raised $125M in Series Unknown funding, reaching a valuation of $2B.

Company Overview

Metal and carbon fiber 3D printing

Funding Details

The Series Unknown round was led by Ford Motor Company, with participation from GE Ventures, Google Ventures, Lux Capital, NEA.

Company Information

  • Headquarters: 63 3rd Avenue, Burlington, MA 01803
  • Founded: 2015
  • Employees: 500+
  • Category: Manufacturing

Investment

Desktop Metal plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Ford Motor Company: Verified investor in Series Unknown
  • GE Ventures: Verified investor in Series Unknown
  • Google Ventures: Verified investor in Series Unknown
  • Lux Capital: Verified investor in Series Unknown
  • NEA: Verified investor in Series Unknown

Key Investors

Ford Motor Company
Lead Investor
Verified investor in Series Unknown
GE Ventures
Investor
Verified investor in Series Unknown
Google Ventures
Investor
Verified investor in Series Unknown
Lux Capital
Investor
Verified investor in Series Unknown
NEA
Investor
Verified investor in Series Unknown

Topics

verified(3079)real-funding(3079)desktop-metalmanufacturingseries-unknown63-3rd-avenue

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources

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