# Desktop Metal funding: rounds and investors

> Desktop Metal has raised $499M across 6 rounds since 2015. Investors include New Enterprise Associates, Lux Capital and Google Ventures.

Source: https://millionrounds.com/company/desktop-metal (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Desktop Metal*

6 rounds we have observed, with the 21 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Advanced Manufacturing Industry 4.0 Manufacturing

Funding summary Updated 26 Oct 2026

**$499M** raised across 6 rounds since 2015, from 6 sources

**$14M** Series A **$45M** Series C **$115M** Series D **$65M** Round **$160M** Series E **$100M** Debt

- **Latest round:** Debt, $100M May 2022
- **Biggest round:** $160M Series E · Jan 2019
- **Investors:** 21

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016 2017 2018 2019 2020 2021 2022

**$14M** Series A

**$45M** Series C

**$115M** Series D

**$65M** Round

**$160M** Series E

**$100M** Debt

- **First round:** Series A, $14M
- **Biggest round:** $160M
- **Usual gap between rounds:** 10 months

## The rounds

- **May 2022** Debt **$100M** *2 new* *2 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) Source recorded
- **Jan 2019** Series E **$160M** *3 new* [Panasonic Kurashi Visionary Fund](https://millionrounds.com/fund/panasonic-kurashi-visionary-fund) Koch Disruptive Technologies/ GV Techtronic Reported by TechCrunch SEC filing: $160M sold, first sale Jan 2019
- **Mar 2018** Round **$65M** *1 new* Ford Motor Company/ Future Fund Reported by FinSMEs
- **Jul 2017** Series D **$115M** *9 new* *5 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Google Ventures](https://millionrounds.com/fund/gv) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Lux Capital](https://millionrounds.com/fund/lux-capital) [DCVC](https://millionrounds.com/fund/data-collective) [Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) [Vertex](https://millionrounds.com/fund/vertex) [GE](https://millionrounds.com/fund/ge) [Future Fund](https://millionrounds.com/fund/future-fund) [Lowe's Ventures](https://millionrounds.com/fund/lowe-s-ventures) [Tyche](https://millionrounds.com/fund/tyche) [Techtronic Industries](https://millionrounds.com/fund/techtronic-industries) Moonrise Shenzhen Reported by FinSMEs
- **Feb 2017** Series C **$45M** *3 new* [Google Ventures](https://millionrounds.com/fund/gv) [BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures) [Lowe's Ventures](https://millionrounds.com/fund/lowe-s-ventures) Reported by FinSMEs
- **Oct 2015** Series A **$14M** *3 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Lux Capital](https://millionrounds.com/fund/lux-capital) From a historical funding record SEC filing: $14M sold, first sale Oct 2015

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Ric Fulop** Executive Officer, Director i

On the board, as filed i *Andy Wheeler* *Bilal Zuberi* *Byron L. Knight* *Dayna Grayson* *Jeffrey Immelt* *Ken Washington* *Steve Papa* *Wen Hsieh*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2015 **Series C** 2017 **Series D** 2017 **Round** 2018 **Series E** 2019 **Debt** 2022 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Google Ventures](https://millionrounds.com/fund/gv) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Lowe's Ventures](https://millionrounds.com/fund/lowe-s-ventures) [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) [DCVC](https://millionrounds.com/fund/data-collective) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) [Vertex](https://millionrounds.com/fund/vertex)

## Everyone who backed them

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **3** rounds

[Lux Capital](https://millionrounds.com/fund/lux-capital) VC firm **3** rounds

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **2** rounds

[Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **2** rounds

[Lowe's Ventures](https://millionrounds.com/fund/lowe-s-ventures) Corporate VC **2** rounds

[Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) Government **1** round

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **1** round

[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round

[Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) Corporate VC **1** round

[Vertex](https://millionrounds.com/fund/vertex) Hedge fund **1** round

[BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures) Corporate VC **1** round

[GE](https://millionrounds.com/fund/ge) Corporate VC **1** round

[Future Fund](https://millionrounds.com/fund/future-fund) Growth equity **1** round

[Panasonic Kurashi Visionary Fund](https://millionrounds.com/fund/panasonic-kurashi-visionary-fund) Corporate VC **1** round

[Tyche](https://millionrounds.com/fund/tyche) Growth equity **1** round

[Techtronic Industries](https://millionrounds.com/fund/techtronic-industries) Corporate VC **1** round

Ford Motor Company/ Future Fund no record of our own yet **1** round

Koch Disruptive Technologies/ GV no record of our own yet **1** round

Moonrise no record of our own yet **1** round

Shenzhen no record of our own yet **1** round

Techtronic no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=desktop-metal).

## Also claim to have backed them

These 4 firms list Desktop Metal as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Tyche Partners](https://millionrounds.com/fund/tyche-partners) VC firm Per its own site

[Baukunst](https://millionrounds.com/fund/baukunst) VC firm Per its own site

[West Fountain Global Fund](https://millionrounds.com/fund/west-fountain-global-fund) VC firm Per its own site

[Orbit Group](https://millionrounds.com/fund/orbit-group) Family office Per its own site

## Quick answers about Desktop Metal

### Who invested in Desktop Metal?

Desktop Metal's investors include New Enterprise Associates, Lux Capital, Google Ventures, Kleiner Perkins Caufield & Byers and Lowe's Ventures, and 16 more on record.

### How much has Desktop Metal raised?

Desktop Metal has raised $499M across 6 rounds since 2015.

### When did Desktop Metal last raise?

Desktop Metal's most recent round was a Debt of $100M in May 2022.

### What was Desktop Metal's biggest round?

Desktop Metal's largest round on record is $160M (Series E), in Jan 2019.

### Who backed Desktop Metal first?

Desktop Metal's first round on record, in Oct 2015, was backed by New Enterprise Associates, Kleiner Perkins Caufield & Byers and Lux Capital.

### What stage is Desktop Metal at?

Desktop Metal's latest named round is a Debt, in May 2022.

### Where is Desktop Metal based?

Desktop Metal is based in the United States.

## Companies like Desktop Metal

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)

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