Desktop Metal IPO

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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What is Desktop Metal's ticker symbol?


What is Desktop Metal's stock price?

2.23 as of 3/29/23

Desktop Metal Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
1/23/2019 Series E $1.5B $XXX.XX $XXX.XX
3/19/2018 Series D $1.1B $XXX.XX $XXX.XX
11/10/2016 Series C $365MM $XXX.XX $XXX.XX
4/25/2016 Series B $135MM $XXX.XX $XXX.XX
10/27/2015 Series A $32MM $XXX.XX $XXX.XX
Based on primary financings
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What is Desktop Metal funding to date?

Desktop Metal has raised $437.83MM with the following series:
$32MM for Series A, $135MM for Series B, $365MM for Series C, $1.1B for Series D, $1.5B for Series E, $32MM for Series A, $135MM for Series B, $365MM for Series C, $1.1B for Series D, $1.5B for Series E.
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When was Desktop Metal founded?

Desktop Metal was founded in 2015.