Xometry, a Gaithersburg, MD-based large on-demand manufacturing marketplace, received an approx. $5m investment from Robert Bosch Venture Capital.
RBVC will join the company’s recently announced Series D round. This additional investment brings the total amount raised in the Series D to $55MM. Xometry has raised $118MM overall.
Led by Randy Altschuler, co-founder and CEO, Xometry provides the Instant Quoting Engine, which gives product designers the ability to simply upload a CAD file, get instant quotes and then order a wide variety of custom manufactured parts. The orders are then sourced through a partner network of over 3,000 manufacturers.
The company’s manufacturing services include CNC Machining, 3D Printing, Sheet Metal Fabrication, and Injection Molding. It recently launched an online marketplace offering materials, tooling, and other supplies.
Customers include BMW, Bosch, Dell Technologies, General Electric and NASA.
FinSMEs
11/07/2019