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Overview
Desktop Metal focuses on bringing metal 3D printing to the factory floor, enabling high-speed mass production of metal parts alongside rapid prototyping. Its systems allow on-demand production of customized parts, reducing lead times and costs, and serving industries from consumer goods to automotive and education. The product line includes 3D printing systems and related services, plus consumables like printing materials, designed to simplify manufacturing and support maintenance. Desktop Metal differentiates itself by offering end-to-end metal additive manufacturing solutions aimed at scalable production and regional or low-volume work, rather than just prototyping. Its goal is to transform traditional manufacturing by increasing design freedom, speeding up production, and lowering costs through metal 3D printing.
About Desktop Metal
Industries
Hardware
Industrial & Manufacturing
Company Size
51-200
Company Stage
IPO
Headquarters
Burlington, Massachusetts
Founded
2002
Simplify's Take
What believers are saying
- Arc acquires Desktop Metal for $7M to relaunch as AI-driven U.S. manufacturing platform.
- DSB Technologies scales X-Series for serial production of eight million pounds annually.
- Azoth uses Shop System for high-volume end-use metal parts in mass production.
What critics are saying
- Chapter 11 bankruptcy forces $10M sale of German, Italian, Japanese subsidiaries to Anzu.
- Nano Dimension shuts Fabrica and Admatec, cutting Desktop Metal integration in 3-6 months.
- Stratasys targets Desktop Metal assets amid $30M cash versus $113M debt crisis.
What makes Desktop Metal unique
- Desktop Metal pioneers metal binder jetting with inkjet printheads for high-speed production.
- X-Series systems enable mass production of complex metal parts using 316L and 17-4PH steels.
- Patented Triple ACT technology delivers superior surface quality in metals and ceramics.
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Funding
Total Funding
$571.8M
Above
Industry Average
Funded Over
8 Rounds
Kleiner PerkinsStock Price
Growth & Insights and Company News
6 month growth
↑ 10%1 year growth
↑ 8%2 year growth
↑ 9%Warehouse inventory management: the definitive 2026 guide. Last updated: March 16, 2026 Arjun Aggarwal (founder and CEO, Mandrel) leads the company's mission to combine AI-driven software with expert accounting to transform how inventory-heavy businesses understand their finances and close the books faster. Prior to founding Mandrel, Arjun held leadership roles in product and corporate development at Desktop Metal and worked in venture capital at New Enterprise Associates (NEA) after starting his career in investment banking.
Desktop Metal has been acquired by Arc Impact Acquisition Corporation for $7 million after financial struggles, including a merger attempt and Chapter 11 bankruptcy. Arc plans to relaunch the company with a focus on creating an AI-driven, advanced manufacturing platform in the U.S. Arc's CEO, Bryan Wisk, believes Desktop Metal's technologies were ahead of their time, and the new strategy aims to unlock their full potential.
In the case of Desktop Metal, Inc. v. Nano Dimension LTD., the Delaware Court of Chancery enforced a "hell or high water" provision in a merger agreement, requiring the buyer to take all necessary actions for CFIUS approval. The buyer attempted to terminate the merger due to lack of approval, but the court found the buyer breached the agreement by delaying efforts. The court ordered specific performance of the merger, highlighting the distinction between "reasonable-best-efforts" and "hell or high water" clauses.
In a critical move, Desktop Metal has agreed to sell its subsidiaries in Germany, Italy, and Japan to Anzu Partners for $10 million.
After news broke of Desktop Metal's Chapter 11 bankruptcy, Nano Dimension announced that the decision was made by Desktop Metal's independent Board of Directors.
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About Desktop Metal
Industries
Hardware
Industrial & Manufacturing
Company Size
51-200
Company Stage
IPO
Headquarters
Burlington, Massachusetts
Founded
2002
There are no jobs for Desktop Metal right now.
Find jobs on Simplify and start your career today