Desktop Metal Funding & Investors

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.