GLOBAL NEWS

Fictiv Raises $35M from 40 North Ventures and Honeywell to Accelerate Growth for its Digital Manufacturing Ecosystem

2 Mins read

Fictiv recently announced a new $35M round of funding led by 40 North Ventures to aggressively expand Fictiv’s groundbreaking Digital Manufacturing Ecosystem. Honeywell, Sumitomo Mitsui Banking Corp., Adit Ventures, and M20 also participated, along with previous investors including Accel, G2VP, and Bill Gates, bringing Fictiv’s total investment to $92M. The Series D investment will be used to advance its proven cloud-based platform technology and invest in its supply chain operations and network infrastructure.

Read more
GLOBAL NEWS

Protolabs Acquires 3D Hubs; Creates World’s Largest Digital Manufacturing Platform

2 Mins read
Protolabs anticipates the acquisition of 3D Hubs will accelerate its revenue growth rate and be marginally dilutive to non-GAAP earnings per share in 2021. 3D Hubs’ 2020 revenue is estimated to be $25 million and the company’s revenue has had a compound annual growth rate of over 200% since 2017. The transaction is expected to close by the end of January, subject to customary closing conditions.
GLOBAL NEWS

Xometry Announces $75MM Equity Round Led by T. Rowe Price Funds

2 Mins read
Xometry, the largest on-demand manufacturing marketplace, announced that it has completed a $75MM equity round, led by funds and accounts advised by T. Rowe Price Associates, Inc. Durable Capital Partners LP and ArrowMark Partners also participated in the round, along with previous venture and strategic investors BMW i Ventures, Greenspring Associates, Dell Technologies Capital, Robert Bosch Venture Capital, Foundry Group