What is Markforged?
Markforged, established in 2013 and based in Cambridge, Massachusetts, specializes in the design, development, and manufacturing of advanced 3D printers. The company's innovative technology enables the production of high-strength parts, tooling, and fixtures using materials such as carbon fiber, fiberglass, nylon, and PLA. Markforged's commitment to providing robust and reliable additive manufacturing solutions positions it as a key innovator in the industrial 3D printing market, catering to a wide range of enterprise applications.
How much funding has Markforged raised?
Markforged has raised a total of $141.8M across 6 funding rounds:
Angel/Seed
$1.1M
Series A
$8.5M
Series B
$15.2M
Series C
$30M
Series D
$82M
Debt
$5M
Angel/Seed (2013): $1.1M with participation from Matrix Partners and North Bridge Venture Partners
Series A (2014): $8.5M led by Matrix Partners
Series B (2016): $15.2M supported by Trinity Ventures and Matrix Partners
Series C (2017): $30M featuring Microsoft Ventures, Siemens Venture Capital, Matrix Partners, North Bridge Venture Partners, Trinity Ventures, and Porsche SE
Series D (2019): $82M backed by Summit Partners
Debt (2020): $5M with participation from PPP
Key Investors in Markforged
Microsoft Ventures
Microsoft Ventures is the corporate venture capital arm of Microsoft, focusing on investments in emerging technologies and startups that align with Microsoft's strategic interests.
Siemens Venture Capital
Siemens Venture Capital is the venture capital division of Siemens AG, investing in innovative companies that complement Siemens' core businesses, particularly in areas like industrial automation and digitalization.
Matrix Partners
Matrix Partners is a venture capital firm that invests in early-stage technology companies, providing strategic guidance and capital to help founders build market-leading businesses.
What's next for Markforged?
The recent major strategic investment in Markforged signals a strong confidence from its backers in the company's future trajectory. This capital infusion is expected to fuel further research and development, enhance manufacturing capabilities, and expand its global sales and support network. As Markforged continues to scale its operations, it is poised to solidify its leadership in the industrial additive manufacturing sector, driving innovation and adoption of its advanced 3D printing solutions across various industries.
See full Markforged company page
