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Markforged went public via a SPAC merger with One in a $2.1bn deal.

Synopsis

Markforged, a creator of an integrated metal and carbon fiber additive manufacturing platform, went public via a SPAC merger with One, a special purpose acquisition company, in a $2.1bn deal. The PIPE was led by Baron Capital Group, BlackRock, Miller Value Partners, Wasatch Global Investors and Wellington Management, with additional commitments from M12, Porsche and existing Markforged shareholders. “Today is a proud moment for the entire Markforged team and a significant milestone in our mission to reinvent manufacturing today so our customers can build anything they imagine tomorrow. As a publicly traded company, we will continue to focus on executing on our ambitious product roadmap and further accelerating innovation, expanding customer adoption, and capitalizing on the strong secular trends in additive manufacturing, allowing us to bring our platform to even more manufacturing floors around the world for mission-critical use cases," Shai Terem, Markforged President and CEO.

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