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3D printing startup Markforged raises $82M to invest in products

The well-known 3D printing startup Markforged has received $ 82 million in a round of financing. It was led by Summit Partners, a Boston-based private equity investment firm. According to an article on Globenewswire.com, companies such as Matrix Partners, Microsoft’s Risk Fund M12, Next 47 and Porsche SE were involved.

Expand and revolutionize the manufacturing industry

The startup has grown significantly since its foundation in 2013. With the capital, Markforged wants to continue expanding globally, strengthening its position, advancing new products, and reshaping the manufacturing industry. Planned are 3D printers that can be used for industrial mass production but also new materials that meet this requirement. With Markforged 3D printers, you can make high-strength parts at a great price. The 3D printing of metal or carbon fiber parts is significantly more economical than it used to be with these 3D printers.

Markforged does not convince companies of its own for the first time. Many investors have invested their money and confidence in Markforged. In the summer of 2017, the company introduced two new industrial 3D printers, the X3 and X5 models. The American business magazine Forbes has listed Markforged in its Next Billion Dollar startup list last year.


Also published on Medium.

Published inStartups

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