BURLINGTON, Mass. — Lowe’s and Google are among investors putting up venture capital for two-year-old Desktop Metal, a 3D metal printing startup which has raised $97 million to get into mass production. The technology would allow manufacturers to duplicate industrial parts faster, allowing companies like Lowe’s to churn out in-house tool products efficiently. “Just as plastic has redefined rapid prototyping, metal 3D printing will make a profound impact on the way companies manufacture rapid prototypes and mass produce parts across all major industries,” said Ric Fulop, Desktop Metal’s co-founder and CEO.
Lowe’s among 3D printing investors
Most Recent
Most Read
IKEA Canada to open fifth Plan and order point
Fri, April 25th, 2025
Canadian economy forecast to contract
Fri, April 25th, 2025
Diane Brisebois receives RCC Hall of Fame nod
Fri, April 25th, 2025
RONA launches new private label
Thu, April 24th, 2025
Throwback Thursday: 25 years ago, Winroc continued its U.S. expansion
Thu, April 24th, 2025
Canac launches in-house potato chip line
Thu, April 24th, 2025
AD Canada welcomes Greater Toronto member
Thu, April 24th, 2025
New RONA Moncton store opens
Thu, April 24th, 2025
MEC finds Canadian buyer
Wed, April 23rd, 2025
NOW LIVE: Hardlines podcast featuring Turkstra Lumber CEO Peter Turkstra
Wed, April 23rd, 2025