Desktop Metal

Desktop Metal is a technology company that designs and markets metal 3D printing systems The company offers a printer capable of printing aluminum and titanium components.

Desktop Metal is reinventing the way design and manufacturing teams produce metal parts - from prototyping through mass production. 

Desktop Metal was founded in Oct 31, 2015 by Chris Schuh, Emanuel M. Sachs, John Hart, Jonah Myerberg, Ric Fulop & Yet Ming Chiang. The company is headquartered in Burlington, Massachusetts.

Desktop Metal Studio System offers metal additive manufacturing (AM) at a fraction of the size and cost of typical industrial metal 3D printers.

Desktop Metal developed Live Parts, an AI software for users to automatically generate printable object designs. The program allows users to input specifications for an object, then creates a computer model which can be printed using any 3-D printing system.

 

Desktop Metal is backed by leading companies and investment firms such as Google, BMW, GE Ventures, Ford Motor Company, Vertex Ventures, Lowe’s, and Kleiner Perkins Caufield & Byers among others. Desktop Metal was valued at more than $1.2B during it's "Series D" funding on Mar 19, 2018.

 

Desktop Metal has received many awards and accolades. In 2017, the company was selected as one of the world’s 30 most promising Technology Pioneers by World Economic Forum, and was named to MIT Technology Review’s list of 50 Smartest Companies. 

 

In 2018, Desktop Metal won an emerging tech award from Digital Trends at CES 2018. It also won the Rising Star Award at the TCT Awards and a Gold Edison Award, that same year.

 

 

  • Year founded: 2015
  • Funding Info: $276.8M in 6 funding rounds (Last funding type: Series D)
  • Yearly Revenue: $100M-$200M (2018)
  • Employee Size: 201-500
  • Business Valuation: Valued at $1.2B as of March 2018
  • City/Town: Burlington
  • State: Massachusetts
  • Country: United States
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