Overview

Desktop Metal focuses on metal 3D printing, providing manufacturing solutions for various industries such as consumer goods, automotive, and education. Their technology enables the fast production of metal parts, allowing manufacturers to quickly prototype and test new designs. This system supports both low-volume and customized production, giving users more design options. The company sells 3D printing systems and services that simplify manufacturing, cut lead times, and reduce costs by allowing on-demand production. Desktop Metal's clients include leading companies and educational institutions, helping them to innovate in metal part creation and develop essential skills. Their goal is to change traditional manufacturing practices through efficient and flexible 3D printing technology.

Simplify's Take

What believers are saying

• Nano Dimension's acquisition could enhance Desktop Metal's resources and market reach.
• The launch of PureSinter Furnace improves production efficiency and quality.
• Live Inspect software enhances product quality and reduces waste in precision manufacturing.

What critics are saying

• Legal issues with Nano Dimension could disrupt operations and finances.
• Strategic shifts post-acquisition may affect Desktop Metal's market positioning.
• Intense competition from major players like Stratasys and 3D Systems.

What makes Desktop Metal unique

• Desktop Metal specializes in high-speed mass production of metal parts.
• The company offers rapid prototyping for quick design testing and market feedback.
• Desktop Metal's technology supports low-volume, regionally targeted production with design freedom.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$424.9M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:

Kleiner PerkinsNew Enterprise Associates

Notable Investors:

Kleiner PerkinsNew Enterprise Associates

$135,000,000

Acquisition

Jul 2024

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!

Acquisition Funding Comparison

Coming Soon

View all funding stages