Robert Bosch Venture Capital invests in Xometry’s on-demand manufacturing marketplace

Xometry, an on-demand
manufacturing marketplace headquartered in Gaithersburg, Maryland, USA, has
announced that Robert Bosch Venture Capital (RBVC) will join the company’s
Series D investment round. RBVC
reportedly joins Greenspring Associates, Dell Technologies Capital, BMW i
Ventures, Foundry Group, GE Ventures, Highland Capital Partners, Maryland
Venture Fund and Almaz Capital as investors.

According to Xometry, this
additional investment brings the total amount raised in the Series D round to
$55 million, with the company reporting that it has raised $118 million
overall. “We’re thrilled to expand our partnership with a world class
manufacturing brand like Bosch,” stated Randy Altschuler, co-founder and CEO of Xometry. 

“Global expansion is one
of our key upcoming initiatives and we look forward to leveraging Bosch’s deep
manufacturing expertise as we launch in Europe,”
he concluded. Xometry’s platform provides access to on-demand
manufacturing services through 3,000 partner manufacturing facilities with a
range of technologies including Additive Manufacturing, injection moulding, die
casting, CNC machining, extrusion and more.

Source link

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *