Markforged is a public additive manufacturing (3D printing) company headquartered in Waltham, Massachusetts, United States. It provides an integrated industrial platform called the Digital Forge that combines advanced 3D printers, materials, and cloud-connected software to produce strong, functional parts for use in tooling, production, and end-use applications. The company’s systems enable customers to print composite, metal, and industrial materials on demand, reducing lead times and costs compared with traditional manufacturing methods.
What Is Markforged and What Does It Do?
Markforged, founded in 2013 by Gregory Mark, is a leader in industrial additive manufacturing. The company’s Digital Forge platform integrates hardware, software, and advanced materials to empower engineers and manufacturers to produce robust parts at the point of need. Its 3D printers support continuous carbon fiber reinforcement, high-strength composites, and metal printing for industries such as aerospace, automotive, defense, medical devices, and general manufacturing.
Markforged’s cloud-based software enables remote monitoring, fleet management, and workflow automation across distributed production environments. The company employs approximately 270 employees worldwide as of December 2024, with teams in engineering, operations, sales, and product development.
How Much Funding Has Markforged Raised?
1. Seed Round
- Amount Raised: $1.5 million
- Date: March 2013
- Lead Investors: Matrix Partners
- Motivation: To launch the company and build initial 3D printing technology infrastructure.
2. Series A
- Amount Raised: $10 million
- Date: October 2014
- Lead Investors: Matrix Partners
- Motivation: To expand the engineering team and accelerate product development.
3. Series B
- Amount Raised: $26 million
- Date: November 2016
- Lead Investors: Microsoft Ventures
- Motivation: To scale operations and enhance software and hardware integration.
4. Series C
- Amount Raised: $30 million
- Date: September 2017
- Lead Investors: Next47
- Motivation: To extend product line and strengthen market penetration.
5. Series D
- Amount Raised: $82 million
- Date: March 2019
- Lead Investors: Summit Partners
- Motivation: To fuel mass-production printer development and global expansion.
6. Series E
- Amount Raised: $210 million
- Date: April 2021
- Lead Investors: BlackRock
- Motivation: To support large-scale growth, international markets, and accelerate innovation.
Total Funding Raised: $359.5 Million
Latest Funding Date: April, 2021
Key Investors
1. Matrix Partners
- Details: Venture capital firm with decades of experience investing in early-stage technology startups.
- Investment Focus Areas: Technology, software, industrial tech.
- Notable Investments: HubSpot, Zendesk, Oculus VR.
2. Microsoft Ventures
- Details: Venture capital arm of Microsoft, focusing on startups aligned with Microsoft’s strategic interests.
- Investment Focus Areas: Cloud computing, AI, enterprise software.
- Notable Investments: Flipkart, InMobi, DocuSign.
3. Next47
- Details: Global venture firm created by Siemens to back startups transforming industrial technology landscapes.
- Investment Focus Areas: Industrial tech, mobility, energy.
- Notable Investments: Verkada, various deep-tech founders.
4. Summit Partners
- Details: Growth equity firm that led Markforged’s Series D round to accelerate its industrial manufacturing roadmap.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: Uber, Avast, McAfee.
5. BlackRock
- Details: One of the world’s largest asset management firms, leading late-stage capital in Markforged’s Series E round.
- Investment Focus Areas: Technology, financial services, healthcare.
- Notable Investments: Apple, Microsoft, Amazon.
Where Is Markforged’s Headquarters?
Markforged is headquartered in Waltham, Massachusetts, United States, within the Greater Boston area a major hub for advanced manufacturing, engineering talent, and industrial technology innovation.
What’s Next for Markforged?
Following its acquisition by Nano Dimension in 2025, Markforged continues focusing on integrating its Digital Forge platform into broader industrial workflows. The company aims to grow its global customer base, expand product offerings with next-generation printers and materials, and enhance cloud software capabilities to support distributed manufacturing.
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