BMW i Ventures, Dell Technologies Capital and Robert Bosch Venture Capital are in line to exit the manufactiuring services marketplace, which has filed for a $100m offering.
US-based manufacturing services marketplace Xometry has filed on Friday for a $100m initial public offering that would represent exits for corporate investors BMW, Dell and Robert Bosch.
Xometry has built an online marketplace which uses artificial intelligence to enable companies to purchase manufactured parts on demand. Its net loss stayed relatively the same at $31m in 2020 while it hiked revenue from $80.2m to $141m.
The offering will come in the wake of $193m in funding including $75m in…