Robert Bosch Venture Capital invests in Xometry’s on-demand manufacturing marketplace
July 11, 2019
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.