Desktop Metal casts corporates in $45m series C

Feb 7, 2017 • Thierry Heles

Desktop Metal, a US-based developer of metal additive manufacturing technology, raised $45m in a series C round on Monday led by GV, the early-stage investment arm of internet conglomerate Alphabet.

BMW i Ventures and Lowe’s Ventures, the respective corporate venturing units of car manufacturer BMW and home improvement retailer Lowe’s, also took part in the round.

Founded in 2015, Desktop Metal is developing metal 3D printing technology that is capable of manufacturing complex parts and which could be used for…

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