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Desktop Metal

Burlington, MA

Desktop Metal 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 is designed for machine shops, and its Fiber industrial-grade composites printer uses automated fiber placement. Valued at $1.5 billion, Desktop Metal is tied as the fastest growing "unicorn" in United States history. The World Economic Forum named Desktop Metal a Technology Pioneer in 2017.

desktopmetal.com

Company Details

Founded

2015

Employees

Between 500 - 1,000 employees

Raised

$816,760,832

Headquarters Location

Burlington, MA

Public

Yes

Acquired

Yes

CEO

Ric FulopRic Fulop

Founders

A. John Hart
A. John Hart
Christopher Schuh
Christopher Schuh
Jonah Myerberg
Jonah Myerberg
Yet-Ming Chiang
Yet-Ming Chiang
Ric Fulop
Ric Fulop

Company Collections

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Desktop Metal's Investors

Desktop Metal's Industries

Desktop Metal Headquarters Location

63 Third Avenue, Burlington, MA 01803

Total Amount Raised: $816,760,832

Desktop Metal's Investors

Desktop Metal Funding Rounds

  • Post Ipo Debt

    $100,000,000

  • Post Ipo Equity

    $280,000,000

    Post Ipo Equity Investors

    HPS Investment Partners
    Miller Value Partners
    JB Straubel
    Chamath Palihapitiya
    XN
    Baron Capital
  • IPO

    Unknown

  • Series E

    $160,000,000

    Series E Investors

    Koch
    Riot Ventures
    Koch Disruptive Technologies
    Tyche Partners
  • Series D

    $65,000,000

    Series D Investors

    Ford Motor Company
    Future Fund
  • Series D

    $115,000,000

    Series D Investors

    NEA - New Enterprise Associates
    GV
    GE Ventures
    Future Fund
    Techtronic Industries
    Lux Capital
    Lowe's
    Moonrise Capital
    Tyche
    Kleiner Perkins
    Shenzhen Capital Group
    Saudi Aramco
    Vertex Ventures US
    Vertex Ventures
  • Series C

    $45,000,000

    Series C Investors

    GV
    BMW i Ventures
    Lowe's
    Tyche Partners
    Kleiner Perkins
    GE Ventures
    Stratasys
    Lux Capital
    NEA - New Enterprise Associates
    Saudi Aramco
  • Series B

    $4,000,000

    Series B Investors

    GE Ventures
    Saudi Aramco Energy Ventures
  • Series B

    $33,760,835

    Series B Investors

    Kleiner Perkins
    Lux Capital
    NEA - New Enterprise Associates
    DCVC
    Stratasys
  • Series A

    $14,000,000

    Series A Investors

    NEA - New Enterprise Associates
    Kleiner Perkins
    Lux Capital
    Bolt
    DCVC
    Mike Volpe
    Wayne Chang
    Founder Collective
    LAUNCH
    Stratasys
    Pillar VC
    Koa Labs
    Chang
    The Syndicate.com
Funding info provided by Diffbot.

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