Industry News

Xometry, provider of an on-demand manufacturing platform, announced $15 million in funding led by BMW i Ventures, GE Ventures and Highland Capital Partners. The latest round of funding, which brings the total to $38 million, will accelerate Xometry’s investment in its machine-learning-based software platform, manufacturing-partner network and sales organization. Manufacturers like BMW and GE hope to leverage Xometry’s platform to simplify the purchase of custom-manufactured parts and enable price transparency in their procurement practices.

For more, visit www.xometry.com.