Empowering Engineers, Bringing Innovation in 3D Printing.
Founders: David Benhaim, Greg Mark (CEO)
Equity Raised: $57 million
Estimated 2018 Revenue: $70 million
Lead Investors: Matrix Partners, Siemens, North Bridge Venture Partners, Next47
Markforged makes 3-D printers. When most 3-D printer companies were cranking out resins and plastics. Markforged focused, instead, on carbon, which is stronger and more suitable for a variety of industrial uses, this company–one of a number of 3-D printing startups–makes printers for both carbon and metal.
Markforged started with a vision: Empower engineers to create strong-as-metal, finished parts using the right materials for the job – and remove the multiple barriers between design and a final product. They are overturning not only the 3D printing industry but also many traditional manufacturing methods giving their customers unprecedented cost, time and efficiency savings.
Markforged launched the first and only affordable 3D desktop printer that embeds continuous fibre into printed carbon and nylon for an end-use composite part with the strength of metal.
What’s the Difference? Innovation:
Humans have been pouring metal into molds for five thousand years. Now Markforged have a better way. In the next 2 years Markforged will achieve the technological leap to true digital metal manufacturing. The digital age transformed every other industry known to man—music, photography, writing, telecom, email, the internet. But manufacturing is largely the same as it was in the 50s. It’s time for mechanical engineering to enter the digital age.