Markforged secures $82M to accelerate industrial additive manufacturing

Markforged has just secured a $82 million Series D funding round to accelerate industrial 3D printing. It will also accelerate its global expansion and product roadmap, including mass production of 3D printers and new materials.

The manufacturer of industrial 3D printers had existing investors such as Matrix Partners, Microsoft Ventures M12, Porsche SE and Siemens Next 47 participate in the round. The funding was led by investment company, Summit Partners and one of its Managing Directors, Michael Medici has joined Markforged’s Board of Directors.

Solving industrial manufacturing needs at an affordable price

Greg Mark, CEO and Co-Founder of Markforged said, “Markforged set out to change the pace of human innovation by enabling engineers, inventors and manufacturers to print industrial-grade parts at a fraction of the time and cost of traditional methods. We’re very excited to have Summit join us as we help accelerate the next industrial revolution with broadly accessible and reliable 3D printing.”