Xometry Announces $75 Million Equity Round Led by T. Rowe Price Funds September 10, 2020 Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
ROKiT MADE to Build Largest e-Bike Factory in the United States October 19, 2020 ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.
Weymouth and Bial join Xometry Board of Directors October 14, 2020 Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.
Neurala Announces Strategic Partnership with IMA Group October 20, 2020 Vision AI software company Neurala announced a new strategic partnership with global manufacturing leader IMA Group.
Welding With Laser September 24, 2020 As more original equipment manufacturers (OEMs) and job shops “warm up” to the idea of laser welding, many have turned their attention to four specific technologies.
Connecting the Dots in Manufacturing July 28, 2020 Before Industry 4.0, it didn’t matter that the CAM software didn’t talk to the ERP system, or that the CNC machine tools were mute. Islands of information were acceptable back then.
Machines Italia 2020 Magazine to be Published July 28, 2020 The Italian Trade Agency via its North American Offices is producing a 2020,Volume XIII edition of its Machines Italia magazine, highlighting solutions provided by Italian companies to a North American audience.
LIFT Receives $1M to Retrain Manufacturing Workers in Response to COVID-19 July 8, 2020 Detroit-based LIFT said it has received $1 milion to retrain civilian manufacturing workers affected by the COVID-19 pandemic.
Machines Italia Issues Call for Submissions June 17, 2020 The Italian Trade Agency via its North American Offices is producing a 2020 edition of its Machines Italia magazine, highlighting solutions provided by Italian companies to a North American audience.
Manufacturers Unveil Industry COVID-19 Shared Practices May 21, 2020 The Manufacturing Leadership Council, a division of the National Association of Manufacturers, released a new collection of emerging strategies and operational practices that manufacturers of all sizes are implementing to keep their employees safe and facilities operating.