On-demand manufacturing got a big lump of money love with T. Rowe Price leading a $75MM Series E equity round to boost Xometry’s expansion, payment system, and AI-driven on-demand marketplace development. To date, Xometry has had seven multi-million dollar rounds of funding totaling $193MM. The funding was announced alongside the news that Jim Rallo, former…
Are you an aspiring CAD Designer or maybe a seasoned professional seeking new digs? Perhaps you are hesitant to start your search, not quite knowing which geographic locale will offer the best ratio of income to living-expense. Well, here’s a little tip “Go Midwest young man!” (and ladies too). I’m talking Michigan, Illinois, Indiana and…
Xometry, an advanced manufacturing/prototyping software platform, has recently acquired $23 Million in investment capital from GE Ventures, Highland Capital Partners and others to help accelerate development of its advanced manufacturing platform. Put another way, the company gained a ton of funds to ramp up development of their online quoting systems and software integration to dominate…
They’ve built desert racers, motorcycles, drift trikes, cruisers and the world’s first 3D printed car, but one thing on their collaborative, open-source product development list of vehicle innovation isn’t a vehicle at all. It seems their sight are set toward the sky. The company just revealed that newly formed Airbus Ventures has made a ‘significant…
That roaring tiger head coming out of a lattice work structure? That’s Shapeways. On their blog and at the Inside 3D Printing conference this week, they announced a $30 million round of funding from Andreessen Horowitz’s Chris Dixon. He’ll be joining the executive board and, you better believe it 3D shop-makin’, material-bakin’ fiends, Shapeways is…
You may have thought it, you may have sensed it, you may have felt it rub up against your ear and frighten you slightly. GrabCAD has closed another round of funding. This time, the 3D model-pumpin’ engineering community means million dollar business. Filling the roster of investment firms, they have Matrix Partners, Atlas Venture and…