Markforged produces metal and carbon fiber 3D printers capable of making factory-ready parts, including a metal system that supports a full range of metals from copper to Inconel and a composite platform that prints continuous carbon fiber and Kevlar. Its printers are used across industries such as automotive and aerospace for tooling, fixtures, functional prototyping, and high-value end-use production. The company reports tens of thousands of users globally and about 300 employees. Markforged has a history of government and defense deployments, with hundreds of machines in operation and support operations across three continents. The company has raised roughly $137 million in strategic and venture capital to date. Markforged is expanding its reach into the U.S. Intelligence Community through a strategic investment agreement with In-Q-Tel to advance additive-manufacturing capabilities. Markforged builds industrial 3D printers and a full‑stack system that includes hardware, software and proprietary materials. Its printers can manufacture parts in strong materials such as carbon fiber, kevlar and stainless steel, targeting industrial use cases rather than hobbyist machines. The company’s software lets users send CAD models to fleets of printers, manage part versions and collaborate across teams. Markforged reports about 10,000 customers, including Canon, Microsoft, Google, Amazon, General Motors, Volkswagen and Adidas, and shipped 2,500 printers in 2018. With the new funding, the company plans to develop mass‑production printers and expand its materials lineup. Long term it aims to make it cheaper to manufacture parts at scale so companies can produce more in house instead of outsourcing. Markforged builds nearly desktop-sized 3D printers that print in carbon fiber and metals and integrates metal and plastic into customers' workflows to shorten time to finished parts. The company is delivering a system for complete metal forging that uses a powerful microwave process. Customers use its printers to produce finished metal parts and carbon-fiber factory jigs for CNC cutting and part holding. Markforged says its composite business is profitable and that it is scaling at 300% year-over-year. The company is selling printers faster than it can manufacture them and raised the latest round to accelerate bringing new printers to market.

Total raised

$112M

Funding rounds

3

Latest round

Series D

Latest activity

Mar 2019