Get access to essential strategic content, in-depth reports, industry intelligence, and exclusive data. Xometry Inc., an online marketplace for on-demand manufacturing, has grown substantially since it launched in 2014; it now connects thousands of manufacturers with more than 10,000 customers including BMW AG and General Electric Co. With $50 million in new venture funding it announced today, bringing its total to-date to $113 million, Xometry is ready to kick off a new growth spurt, CEO Randy Altschuler says. “We’re planning to invest these funds behind growth initiatives, product development and global expansion,” he says. The funding is from Greenspring Associates and Dell Technologies Capital, with participation from earlier Xometry investors. “Xometry has quickly become a key player in the $80 billion custom manufacturing market,” says Hunter Somerville, general partner for Greenspring Associates, who will join Xometry’s board. The Xometry Manufacturing Partner network has grown over the past two years to more than 3,000 participating manufacturers that provide on-demand manufacturing services to a base of more than 10,000 customers, up from fewer than 5,000. Xometry doesn...