GAITHERSBURG, Md.–(BUSINESS WIRE)—Xometry, the leading on-demand manufacturing platform, announced $15MM in funding led by BMW i Ventures, with participation from existing investors including GE Ventures and Highland Capital Partners. Further fueling Xometry’s rapid market expansion, the latest round of funding will accelerate Xometry’s investment in its machine learning-based software platform, manufacturing partner network, and sales organization.
“We’re thrilled to partner with BMW i Ventures and deepen our relationship with General Electric,” said Randy Altschuler, co-founder and CEO of Xometry. “We’re accelerating our efforts to provide additional features to our online platform, making it easier for engineers and procurement managers to conveniently order a wide range of parts delivered by our expanding network of hundreds of manufacturers across the nation.”
Xometry has now raised a total to date of $38MM.
3D Printing / Additive Manufacturing, News