Diligence memo · auto-generated · as of July 2, 2026
Desktop Metal, Inc.
Desktop Metal, Inc. has raised $207M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Desktop Metal, Inc. operates in Mining & Resources, based in Burlington.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Desktop Metal, Inc. has raised $207M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $160M on 2019-01-14.
Most recent recorded round closed around 2019-01-14.
Valuation (modeled)modeled
Provath models Desktop Metal, Inc. at approximately $796M (range $860M–$1.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 7.5 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 4.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 99% of Mining & Resources peers (701 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Silver Spike Acquisition Corp., Hut 8 Mining Corp..
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.