Xometry announced that Robert Bosch Venture Capital (RBVC) will join its Series D round. RBVC joins Greenspring Associates, Dell Technologies Capital, BMW i Ventures, Foundry Group, GE Ventures, Highland Capital Partners, Maryland Venture Fund, and Almaz Capital as investors in the round. This additional investment reportedly brings the total amount raised in the Series D to $55 million. Xometry says it has raised $118 million overall.
"Xometry's instant quoting engine helps drive efficiency by leveraging AI algorithms to instantly generate a price, lead time, and manufacturability feedback," said Ingo Ramesohl, Managing Director for Robert Bosch Venture Capital. “Xometry’s platform offers limitless capacity and matches jobs with the optimal supplier based on capabilities and past performance. This is of high relevance for companies like Bosch.”