StoryPartnership
Siemens purchases ~$50 million of Xometry Class A stock and embeds platform in Xcelerator
XometryXometry Marketplace & Quoting Engine
Siemens announced a strategic partnership with Xometry, purchasing approximately $50 million of Xometry Class A common stock. Siemens embedded Xometry's manufacturability, pricing, sourcing and execution intelligence into Siemens Xcelerator, its digital business platform for product lifecycle and manufacturing, enabling engineers to move from design to quote seamlessly.
- Siemens invested ~$50M in Xometry Class A stock
- Xometry's pricing engine embedded in Siemens Xcelerator
- Brings 3D design-to-quote workflow into Siemens CAD/PDM platform