Desktop Metal Receives Funding from Google, BMW and Lowe's

In October 2015, a 3D printing startup called Desktop Metal emerged out of Burlington, Massachusetts and immediately caught the attention of major investors. Despite the fact that they had no working prototype to present at the very beginning, companies as prominent as Stratasys plus several large venture capital firms were confident enough to invest $14 million in the fledgling metal 3D printing company after only two months of existence. By July of last year, Desktop Metal had already pulled in a total of $52 million in funding, with additional investments from big names like GE Ventures and Saudi Aramco Energy Ventures. This week, the company announced that their total equity funding has risen to $97 million after a lucrative Series C investment round that drew $45 million in investments from GV (formerly Google Ventures), BMW i Ventures and Lowe's Ventures. Read more at 3DPrint.com: https://3dprint.com/164137/desktop-metal-investments/ ‎

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