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Manufacturing

Desktop Metal

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

63 3rd Avenue, Burlington, MA 01803April 12, 20241 min read
Total Raised
$125M
Valuation
$2B
Latest Round
Series Unknown
Employees
500+

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

Company Info

Headquarters
63 3rd Avenue, Burlington, MA 01803
Founded
2015
Team Size
500+
Last Round
$125M(Apr 2024)

Investors (5)

F
Ford Motor CompanyLead
Lead Investor
Verified investor in Series Unknown
G
GE Ventures
Investor
Verified investor in Series Unknown
G
Google Ventures
Investor
Verified investor in Series Unknown
L
Lux Capital
Investor
Verified investor in Series Unknown
N
NEA
Investor
Verified investor in Series Unknown

Topics

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

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