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Desktop Metal raised $160m in Series E financing led by Koch Disruptive Technologies.

Synopsis

Desktop Metal, a technology company that designs and markets metal 3D printing systems, raised $160m in Series E financing led by Koch Disruptive Technologies, an investment firm focused on finding and funding innovative and emerging technologies. “Desktop Metal’s 3D printing solutions can redefine prototyping and mass production of metal products, which has profound disruptive implications for manufacturers like Koch Industries,” said Chase Koch, president of Koch Disruptive Technologies. “We are very bullish about the prospects of Desktop Metal, not just as an investor, but also as a customer and partner.”

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