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Tag Archives: Xometry Inc.

Md. manufacturing startup acquires competitor and raises $25 million

Xometry CEO Randy Altschuler. (Xometry submitted photo)

Gaithersburg manufacturing platform Xometry acquired a competitor and raised $25 million, the startup announced Tuesday. Xometry acquired Lexington, Kentucky, firm MakeTime.  “We’re thrilled to combine Xometry’s online manufacturing platform with MakeTime’s proven success in building a distributed network of over ...

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Manufacturer earns $1 million through Md. firm’s partner network

Xometry CEO Randy Altschuler. (Xometry submitted photo)

Xometry Inc., a Gaithersburg firm that offers on-demand manufacturing through its software platform, announced Wednesday that one of the members of its network had earned $1 million through the platform. Zero Hour Parts of Ann Arbor, Michigan earned the money in ...

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Md. venture funding down this quarter but up from last year

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Venture capital investment in Maryland-based companies fell in the year’s second quarter from the first quarter but increased from the same period last year, according to the quarterly PricewaterhouseCoopers/CB Insights MoneyTree Report. For the second straight quarter, Maryland saw more ...

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