Desktop Metal gets $65 Million financing from Ford Additive Manufacturing
Desktop Metal, the company committed to making metal 3D printing accessible to manufacturers and engineers, has received $65 million in new financing led by Ford Motor Company, with participation from existing investor Future Fund. Since its inception, Desktop Metal has raised a total of $277 million in financing to further accelerate the company’s rapid business growth and adoption of its end-to-end metal 3D printing systems. In a related announcement, the company also announced Ford’s Chief Technology Officer will join the Desktop Metal Board of Directors.