Microsoft, Porsche and Siemens have all scored another win as Markforged pursues a reverse merger that will net it $425m in gross proceeds.
Markforged, a US-based industrial 3D printer manufacturer backed by corporates Microsoft, Porsche and Siemens, will undertake a reverse merger with special purpose acquisition company One to list on the New York Stock Exchange.
Porsche Automobil Holding and M12, respective vehicles for carmaker Porsche and software producer Microsoft, have committed to a $210m private investment in public equity led by Baron Capital Group.
Funds and accounts managed by BlackRock, Miller Value Partners, Wasatch Global Investors and Wellington Management have also contributed…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
