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Desktop Metal

Desktop Metal

Desktop Metal is a Burlington, Massachusetts-based metal 3D printing company founded in 2015 by Ric Fulop, Jonah Myerberg, and Ely Sachs.

OverviewStructured DataIssuesContributors

Contents

desktopmetal.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Technology
Technology
Software
Software
0
Batch production
Batch production
Digital Engineering
Digital Engineering
Manufacturing
Manufacturing
Advanced Manufacturing
Advanced Manufacturing
Healthcare
Healthcare
0
3D printing
3D printing
Location
Burlington, Massachusetts
Burlington, Massachusetts
Lexington, Massachusetts
Lexington, Massachusetts
B2X
B2B
B2B
CEO
Ric Fulop
Ric Fulop
Founder
Yet Ming Chiang (entrepreneur)
Yet Ming Chiang (entrepreneur)
Christopher A Schuh
Christopher A Schuh
A. John Hart
A. John Hart
Ric Fulop
Ric Fulop
Emanuel M. Sachs
Emanuel M. Sachs
Jonah Myerberg
Jonah Myerberg
Rick Chin
Rick Chin
Yet-Ming Chiang
Yet-Ming Chiang
AngelList URL
angel.co/desktop-metal
Pitchbook URL
pitchbook.com/profiles...126395-56
Legal Name
Desktop Metal, Inc.
Legal classification
Corporation
Corporation
Incorporation (business)
Incorporation (business)
Date Incorporated
January 18, 2017
Number of Employees (Ranges)
201 – 5000
Email Address
press@desktopmetal.com
Phone Number
+19782241244
Full Address
63 3rd Ave, Burlington, Massachusetts 01803, US
CIK Number
1,656,886
Place of Incorporation
Delaware
Delaware
Investors
Hps Investment Partners, Llc
Hps Investment Partners, Llc
Tyche Partners
Tyche Partners
Koch Industries
Koch Industries
Kleiner Perkins Caufield & Byers
Kleiner Perkins Caufield & Byers
JB Straubel
JB Straubel
Techtronic Industries
Techtronic Industries
Stratasys
Stratasys
Ford Motor Company
Ford Motor Company
...
DUNS Number
080082668
IRS Number
474,947,659
Founded Date
2015
Total Funding Amount (USD)
741,413,172
Latest Funding Round Date
August 26, 2020
Business Model
Commerce
Exchange
New York Stock Exchange
New York Stock Exchange
Latest Funding Type
Series E
Series E
Latest Postmoney Valuation
2,000,000,000
Patents Assigned (Count)
53
Wellfound ID
desktop-metal
Country
United States
United States

Other attributes

Company Operating Status
Active
Wikidata ID
Q48800016

Desktop Metal is a manufacturing company that is producing metal 3D printing systems. The company provides office-friendly metal printing systems, which are suited for low volumes of 3D printing, as well as another large-scale industrial system.

Product

Desktop Metal has several products that each target different audiences. The Studio System+ is an adaptation for the original Studio System and has new print capabilities as well as scaleable design. It consists of a printer, a debinder, a furnace, and automated software that makes it easy to use in a low-volume office setting.

The Studio Fleet system uses the same technology as the Studio System but is capable of delivering five times the throughput of the aforementioned system. This system uses five printers, two debinders, and a furnace. It can be used by manufacturers in situations such as low volume production of custom parts and pilot runs prior to mass production.

The Production System is intended to be used for large-scale manufacturers. It uses bi-directional printing so that the printer is spreading metal powder, binder, and anti-sintering agents in both directions, thus manufacturing products as a faster speed than traditional 3D printing. The Production System has been used complex metal parts such as a spauger bit.

Materials

Desktop Metal uses various materials for its 3D printing. For example, 17-4 stainless steel and 316L stainless steel are available to be used to make metal objects and parts using the Desktop Metal systems. Other metals are in development to be used, such as copper and alloy 625.

The Process

Depending on which system a client is using, the software can be automated or a simulation can be designed in order to prepare for the printing process. Next, the metal object is shaped by bound metal rods in a process called Bound Metal Deposition. The object is then soaked in proprietary debind fluid, which dissolves primary binder in order to create an open-pore channel so that the object can be prepared for sintering. Finally, the object is heated to a temperature near melting and the remaining binder is removed. The final step of the process allows for the object to densify.

Software

The company provides software for use in their 3D metal printing systems. Fabricate, Live Parts, and Fab Flow are separate software systems intended for use in the company's 3D metal printing design and fabrication.

Fabricate is intended to be used with the Studio System and is user-friendly, allowing for the automation of the 3D printing process. Live Parts allows for users to create simulations of the objects they want to print so that they can optimize the design of their 3D object. Fab Flow is meant for high-volume fabrication shops and combines communications and workflow management into the software.

History

Chris Schuh, Ely Sachs, A. John Hart, Jonah Myerberg, Ric Fulop, Rick Chin, and Yet-Ming Chiang co-founded the company on October 31st, 2015. Lux Capital Management was one of the first investors in the company in 2015.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Desktop Metal Forms New Options for Metal 3D Printing

https://www.mddionline.com/desktop-metal-forms-new-options-metal-3d-printing

July 5, 2019

PRESS RELEASE - Desktop Metal Now Shipping the World's First... | Desktop Metal

https://www.desktopmetal.com/news/press-release-eu-launch/

Web

June 20, 2019

PRESS RELEASE - Professor Emanuel "Ely" Sachs, Inventor of Binder Jet... | Desktop Metal

https://www.desktopmetal.com/news/professor-emanuel-ely-sachs-inventor-of-binder-jet-printing-and-co-founder-of-desktop-metal-receives-sme-industry-achievement-award/

Web

May 20, 2019

Studio SystemTM: An end-to end solution

https://www.youtube.com/watch?v=DwCD48q3Y1I

May 11, 2018

References

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