Robert Bosch Venture Capital joins Greenspring members, Dell Technologies Capital, BMW i Ventures, Foundry Group, GE Ventures, Highland Capital Partners, Maryland Venture Fund and Almaz Capital in the Series D round, raising mn. Throughout its funding rounds, 8mn has been elevated.
 
'We're happy to grow our partnership with a world class manufacturing brand like Bosch,' said Randy Altschuler, co-founder and CEO of Xometry.  'Global expansion is one of our key upcoming initiatives and we look forwards to leveraging Bosch's deep manufacturing expertise as we start in Europe.'
 
Xometry uses its Instant Quoting Engine technology to supply instant quotes to product designers, who can publish CAD files and order their print sourced from Xometry’s network of more than 3,000 manufacturers.
 
'Xometry's immediate quoting engine helps drive efficiency by leveraging AI algorithms to instantaneously produce a price, lead time, and manufacturability comments,' said Ingo Ramesohl, Managing Director for Robert Bosch Venture Capital.



This article is originally posted on Tronserve.com