About Desktop Metal
Desktop Metal, Inc. is a public American technology company that designs and markets 3D printing systems. Headquartered in Burlington, Massachusetts, the company has raised $438 million in venture funding since its founding from investors such as Google Ventures, BMW, and Ford Motor Company. Desktop Metal launched its first two products in April 2017: the Studio System, a metal 3D printing system catered to engineers and small production runs, and the Production System, intended for manufacturers and large-scale printing. In November 2019, the company launched two new printer systems: the Shop System for machine shops, and the Fiber industrial-grade composites printer for automated fiber placement. The World Economic Forum named Desktop Metal a Technology Pioneer in 2017.
Investors & Backers
Desktop Metal has received investment from 10 venture capital firms.
BMW i Ventures
Benhamou Global Ventures
DCVC
Data Collective (DCVC)
Eclipse Ventures
Engine Ventures
Lux Capital
Microsoft M12
Pillar VC
Saudi Aramco Ventures
Full portfolios: BMW i Ventures portfolio, Lux Capital portfolio
Frequently Asked Questions
What does Desktop Metal do?
Desktop Metal, Inc. is a public American technology company that designs and markets 3D printing systems.
Who invested in Desktop Metal?
Desktop Metal has received investment from BMW i Ventures, Benhamou Global Ventures, DCVC, Data Collective (DCVC), Eclipse Ventures and 5 other investors. These venture capital firms and investors provide both capital and strategic support.
How much funding has Desktop Metal raised?
Desktop Metal has raised $438M in total funding, with their most recent round being a IPO. The company operates in the Deeptech sector.
When was Desktop Metal founded?
Desktop Metal was founded in 2015 and is headquartered in Burlington, Massachusetts.
What sector is Desktop Metal in?
Desktop Metal operates in the Deeptech sector. Desktop Metal, Inc. is a public American technology company that designs and markets 3D printing systems.
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Company Details
- Sector
- Deeptech
- Headquarters
- Burlington, Massachusetts
- Founded
- 2015
- Status
- Active
- Last Funding Stage
- IPO
- Total Funding
- $438M
- Valuation
- $2.5B
