About Desktop Metal
Desktop Metal is a company based in Burlington (United States) founded in 2015 by Ric Fulop was acquired by Nano Dimension in July 2024. Desktop Metal has raised $446.55 million across 8 funding rounds from investors including Lowe's, Kleiner Perkins and Ford. Desktop Metal has completed 6 acquisitions, including Adaptive3D, Aerosint and Aidro. Desktop Metal offers products and services including Production System™, X-Series, Shop System™, and Studio System™. Desktop Metal operates in a competitive market with competitors including ThinkMetal, MatterFab, Additec, Cybersolid and VF Space, among others.
- Headquarter Burlington, United States
- Founders Ric Fulop
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Desktop Metal, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$446.55 M (USD)
in 8 rounds
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Latest Funding Round
$100 M (USD), Post-IPO
May 10, 2022
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Investors
Lowe's
& 25 more
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Employee Count
Not available
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Investments & Acquisitions
Adaptive3D
& 5 more
- Acquired by
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Products & Services of Desktop Metal
Desktop Metal offers a comprehensive portfolio of products and services, including Production System™, X-Series, Shop System™, and Studio System™.
High-speed metal 3D printing designed for factory floor production.
Printer for metals and ceramics with excellent surface quality.
System for batch production of dense metal parts.
Office-friendly 3D printing for metal prototypes and parts.
People of Desktop Metal
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Funding Insights of Desktop Metal
Desktop Metal has successfully raised a total of $446.55M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $100 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Desktop Metal
Desktop Metal has secured backing from 26 investors, including venture fund and institutional investors. Prominent investors backing the company include Lowe's, Kleiner Perkins and Ford.
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Corporate backed venture capital fund investing in multiple sectors
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Venture capital firm investing in early-stage tech startups
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Seed and early-stage technology companies are funded by Lux Capital.
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Investor details for Desktop Metal
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Investments & Acquisitions by Desktop Metal
Desktop Metal has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Adaptive3D, Aerosint and Aidro.
Investment portfolio details for Desktop Metal
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Jetting technology-based 3D printers are provided for industrial applications.
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Selective laser sintering-based industrial 3D printers are manufactured.
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Locked | Locked | 2016 | Locked | |
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Photopolymer resins are manufactured for additive manufacturing applications.
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Locked | Locked | 2014 | Locked |
Complete acquisition details for Desktop Metal
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Financial Statements - Desktop Metal
Detailed financials for Desktop Metal
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Desktop Metal Comparisons
Peer comparison for Desktop Metal
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Competitors of Desktop Metal
Desktop Metal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ThinkMetal, MatterFab, Additec, Cybersolid and VF Space, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of desktop 3D printers
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Provides metal 3D printers for industrial fabrication.
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Designs and manufactures metal 3D printers for industrial applications.
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Develops advanced 3D metal printing technology using wire feedstock for manufacturing applications.
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Develops innovative 3D printer technologies for various applications.
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Detailed competitors of Desktop Metal
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Latest news on Desktop Metal
Complete news archive for Desktop Metal
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Frequently Asked Questions about Desktop Metal
Desktop Metal was founded in 2015.
Desktop Metal is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Ric Fulop is the current CEO of Desktop Metal. They have also founded this company.
Desktop Metal is a funded company, having raised a total of $446.55M across 8 funding rounds to date.
Founded in 2015 and based in Burlington, United States, metal-based desktop 3D printers are produced by the company for mass production of metal parts and prototypes. Carbon fiber-based printers are also offered for fiber-reinforced composites, along with software for 3D printing control and management. Sectors served include automotive, consumer goods, education, machine design, heavy industry, and manufacturing tooling.
Desktop Metal's top competitors include ThinkMetal, MatterFab and Additec.
Desktop Metal offers Production System™, X-Series, Shop System™, and Studio System™.
Desktop Metal has made 6 acquisitions, including Adaptive3D, Aerosint, and Aidro.
Desktop Metal has 26 investors. Key investors include Lowe's, Kleiner Perkins, Ford, Nano Dimension, and Aramco.
The valuation of Desktop Metal is $1.5B as of Jan 2019.