Technology with the potential to produce complex metal components more efficiently and cheaply has underpinned the success of US-based Desktop Metal.

The firm’s groundbreaking metal 3D printing process is capable of creating components for customers in industries such as automotive and robotics quicker than rival methods. This significant competitive advantage – and the fact that, by using Desktop Metal’s equipment, manufacturers have a much greater ability to develop and iterate new products – means the company has this year been able to raise substantial amounts of extra capital from its corporate venturing backers.

In February, Desktop Metal’s…