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Robert Bosch Venture Capital invests in Xometry’s on-demand manufacturing marketplace

Xometry, an on-demand manufacturing marketplace headquartered in Gaithersburg, Maryland, USA, has announced that Robert Bosch Venture Capital (RBVC) will join the company’s Series D investment round. RBVC reportedly joins Greenspring Associates, Dell Technologies Capital, BMW i Ventures, Foundry Group, GE Ventures, Highland Capital Partners, Maryland Venture Fund and Almaz Capital as investors.

According to Xometry, this additional investment brings the total amount raised in the Series D round to $55 million, with the company reporting that it has raised $118 million overall. “We’re thrilled to expand our partnership with a world class manufacturing brand like Bosch,” stated Randy Altschuler, co-founder and CEO of Xometry.

“Global expansion is one of our key upcoming initiatives and we look forward to leveraging Bosch’s deep manufacturing expertise as we launch in Europe,” he concluded. Xometry’s platform provides access to on-demand manufacturing services through 3,000 partner manufacturing facilities with a range of technologies including Additive Manufacturing, injection moulding, die casting, CNC machining, extrusion and more.

Source: Metal AM

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Aishwarya Venkatesh

Aishwarya Venkatesh

Divya Sagar is Content Editor at CNT Expositions and Services and manages the content of its online website, Indian 3D Printing Network. With a longstanding commitment to the site's content, she is credited with tracking and publishing news related to 3D Printing Industry. She also tracks market trends, key developments and the latest 3D printing research.