Desktop Metal was founded in 2015 by Ric Fulop, Rick Chin, Yet-Ming Chiang, Christopher Schuh, A. John Hart, Jonah Myerberg, and Ely Sachs. The company is planning to go public through a reverse merger with blank-check company Trine.

Desktop Metal is a developer of additive manufacturing technology with a focus on metal and carbon fiber printing. The company has raised approximately $425 million in Venture Capital funding from investors including 40 North Ventures, Riot Ventures, The Future Fund, Conductive Ventures, Moonrise Venture Partners, Vertex Ventures US, BMW iVentures, GV, Lowe’s Ventures, Bolt Innovation Group, Data Collective, Kleiner Perkins, Lux Capital Management, and New Enterprise Associates. Per company press releases Desktop Metal last raised $160 million in January 2019 at a post-money valuation of $1.5 billion.

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Learn more about Desktop Metal

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What is Desktop Metal's IPO price?

Desktop Metal's IPO price is $0.5952 as of 1/18/24.
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What is Desktop Metal's funding to date?

Desktop Metal has raised $437.83MM to date.
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When was Desktop Metal founded?

Desktop Metal was founded in 2015.

Desktop Metal Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
1/23/2019 Series E $159.79MM raised $XXX.XX $XXX.XX
3/19/2018 Series D $185.42MM raised $XXX.XX $XXX.XX
11/10/2016 Series C $45MM raised $XXX.XX $XXX.XX
4/25/2016 Series B $33.76MM raised $XXX.XX $XXX.XX
10/27/2015 Series A $13.85MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jun 14, 2024


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