Deal date

KANDO id: 748436

Financial Transaction:

Series D


Desktop Metal Inc


Currency
United States Dollar
Value in original currency
115,000,000
Company valuation (pre money)
885,000,000
Value in USD
115,000,000
Company valuation in USD (pre money)
885,000,000

Note
The Series D round included significant new investment from New Enterprise Associates (NEA), GV (formerly Google Ventures), GE Ventures, Future Fund and Techtronic Industries (TTI), a leader in quality consumer, professional and industrial products, inclu

Lead investor

Country Notes

New Enterprise Associates Inc

(NEA)
Global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. 		United States Follow-on investment.

Round participants

Country Notes

DCVC Management Co LLC

(Data Collective)
Venture capital firm that invests in companies that are driving the big data and deep compute secular trend. 		United States Initial investment.

Future Fund

Australian sovereign wealth fund. 		Australia Initial investment.

GE Ventures

The corporate venture capital arm of GE. 		United States Initial investment.

GV.

The venture capital arm of Alphabet Inc. (Formerly Google Ventures.) 		United States Follow-on investment.

Kleiner Perkins Caufield & Byers LLC

(KPCB)
Venture capital firm. 		United States Initial investment.

Lowe's Home Improvement

 Initial investment.

Lux Capital Management LLC

Research-driven investment firm focused on founding, seed and early stage investments in the physical and life sciences 		United States Initial investment.

Moonrise Venture Partners

 Initial investment.

Saudi Aramco

The state owned oil company of the Kingdom of Saudi Arabia. 		Saudi Arabia Initial investment.

Shenzhen Capital Group Co Ltd

(SCGC)
 China Initial investment.

Techtronic Industries

(TTI)
 Initial investment.

Tyche Partners

 Initial investment.

Vertex Venture Management Pte Ltd

(Vertex Ventures)
 Singapore Initial investment.