Porsche SE makes venture investments in 3D printing

Image Markforged website: www.markforged.com

Porsche Automobil Holding SE (Porsche SE), Stuttgart, has made two venture investments in 3D printing (additive manufacturing) companies acquiring a single digit stake in each company. This includes the US company Markforged Inc. as well as another 3D printing specialist that is not yet publicly disclosed. The combined investment amounts to a single digit million Euro figure.

Founded in 2013 and based in Watertown/Massachusetts, Markforged Inc. designs and sells end to end 3D print solutions. The company is the only industrial 3D printing platform that produces strong parts out of the entire range of materials from carbon fiber to metal. Moreover, in 2017 the company launched its first 3D metal printer for industrial applications. With around 100 employees, several thousand companies worldwide use Markforged technology.