Markforged

Markforged Holding Corporation

Company type	Public company
Industry	Additive manufacturing
Founded	2013 (2013)
Founder	Gregory Mark, David Benhaim
Fate	Acquired by Nano Dimension Ltd. in 2025
Headquarters	Waltham , United States
Area served	Worldwide
Key people	Shai Terem (CEO and president), Gregory Mark (Chairman)
Products	3D printers, software, materials (The Digital Forge ecosystem)
Owner	Nano Dimension Ltd.
Parent	Nano Dimension Ltd.
Website	www.markforged.com

Markforged Holding Corporation is a publicly traded American company specializing in additive manufacturing. It engineers, develops, and produces The Digital Forge—an industrial ecosystem comprising 3D printers, software, and materials that empower manufacturers to fabricate parts directly at their point of use. The company is headquartered in Waltham, Massachusetts, located within the Greater Boston Area. Established in 2013 by Gregory Mark alongside CTO David Benhaim, Markforged pioneered the introduction of 3D printers capable of continuous carbon fiber reinforcement and operates on a cloud-based infrastructure.

2014–2016

Markforged emerged as a start-up at SolidWorks World 2014 in San Diego, unveiling the "Mark One" prototype printer—the first machine to print with continuous carbon fiber as well as fiberglass, nylon, and polylactic acid (PLA). Subsequent production versions expanded capabilities to include kevlar printing.

At the 2015 Consumer Electronics Show, the company launched Eiger, a cloud-centric 3D printing software designed to facilitate streamlined collaboration among teams via cloud workflows.

2017

During the 2017 Consumer Electronics Show, Markforged introduced the Metal X printer, an additive manufacturing device priced below $100,000 that produces metal components. The Metal X utilizes ADAM (Atomic Diffusion Additive Manufacturing) technology paired with in-process laser inspection to ensure dimensional precision. At that time, metal 3D printers were typically priced between $500,000 and $1 million.

2018

In March 2018, Desktop Metal filed a lawsuit against Markforged alleging intellectual property violations and patent infringement concerning techniques involving layering removable materials in metal printing processes. By July of that year, the court ruled in favor of Markforged.

2019

In January 2019, UL released Standard 2904 for evaluating emissions from 3D printers. By October, Markforged was actively seeking certification under this standard, emphasizing its utilization of a plastic compound that emits fewer pollutants compared to many competitors. In December 2019, Shai Terem was appointed president and COO; he joined from Kornit Digital, a digital textile printing firm, bringing prior experience from additive manufacturing leader Stratasys.

2020

Early in 2020, Markforged became the first additive manufacturing platform to earn ISO/IEC 27001 Certification—an international benchmark for Information Security Management Systems. This certification encompassed both Markforged’s hardware and its Eiger cloud-based fleet management software, affirming adherence to stringent requirements related to privacy, confidentiality, and data integrity. In February, the company unveiled a new 3D printer system capable of fabricating pure copper parts by advancing its "Metal X" platform using plastic-encapsulated copper pellets as feedstock.

Amid the COVID-19 pandemic, Markforged produced over 6,000 face shields within three months and collaborated with Neurophotometrics to develop Fiberflex Rayon—a 3D printed nasopharyngeal swab intended for COVID-19 diagnostic testing. The initiative named Swab56 resulted in the creation of 55 prototypes within just 36 hours before finalizing the design.

In October 2020, Shai Terem was promoted to CEO and president while founder Gregory Mark assumed the role of chairman. Concurrently, the company launched The Digital Forge—a cloud-driven industrial Additive Manufacturing platform utilizing artificial intelligence to connect multiple 3D printers for enhanced manufacturing intelligence.

2021–2024

In December 2021, Markforged revealed its intention to move its main office to 60 Tower Rd, Waltham, Massachusetts, as part of its expansion strategy. This relocation was finalized by autumn 2022, with the new headquarters becoming fully functional by February 2023. In October 2023, the company introduced the FX10, a cutting-edge composite 3D printer. At Formnext 2024, Markforged showcased the FX10 metal print head, establishing it as the first industrial printer capable of fabricating both metal and composite components.

2025

On April 25, 2025, Nano Dimension Ltd. finalized the purchase of Markforged in a deal valued at $116 million.

Products

Markforged provides an additive manufacturing ecosystem known as The Digital Forge, which integrates a range of 3D printers, proprietary software, and materials enhanced by artificial intelligence. All development and production activities take place in Massachusetts. To uphold high standards and drive innovation, Markforged manages the entire 3D printing technology stack internally. Commercial distribution is carried out through an international network of value-added resellers and strategic partners.

Metal 3D printers

The Metal X platform fabricates metal parts via Atomic Diffusion Additive Manufacturing (ADAM), a process that merges extrusion-based additive manufacturing with metal injection molding techniques. Initially, "green parts" composed of metal powder bound with a polymer are printed; these undergo solvent debinding, thermal debinding, and sintering to produce nearly net-shaped metal components.

Introduced in 2017 and launched in 2018, the Metal X system comprises the Metal X printer, Wash-1 debinding unit, and Sinter-1 furnace. The printer offers a build volume measuring 300mm x 220mm x 180mm. Compatible materials include 17-4PH stainless steel, tool steels such as H13, A2, D2, Inconel 625, and pure copper. In 2019, Markforged expanded its capabilities by releasing the Sinter-2 furnace, which provides quadruple the sintering capacity compared to Sinter-1.

Industrial composite 3D printers

Markforged’s industrial composite printers utilize material extrusion reinforced with continuous fiber strands. A dual-extrusion mechanism applies a composite base material to create shells and infill structures while a secondary nozzle deposits filament embedded with high-strength continuous fibers. This design enables precise control over fiber orientation within the printing plane.

The X7 model (previously known as Mark X), launched toward the end of 2016, offers enhanced precision and a more rigid gantry system with a build volume of 330mm x 270mm x 200mm—approximately two and a half times larger than that of the Mark Two. It also incorporates a laser micrometer for automated bed leveling and part inspection. In 2017, Markforged released the X3 and X5 printers on the same chassis but with different hardware configurations; both utilize Onyx filament while the X5 supports continuous fiberglass reinforcement.

Desktop composite 3D printers

Markforged pioneered commercial continuous fiber printing in 2014 with the Mark One model, which featured an anodized aluminum unibody frame and the capability to print using continuous carbon fiber strands.

The Mark Two followed in early 2016 as an advancement over its predecessor by relocating the fiber cutter to the print head assembly, upgrading motion components, integrating on-printer calibration tools, and introducing Onyx—a nylon filament filled with micro carbon fibers.

Business

In July 2013, Markforged secured $1.1 million in initial seed capital from North Bridge Venture Partners and Matrix Partners. This was followed by an $8.5 million Series A round in May 2014. By 2017, the company had attracted a total investment of $57 million from backers including Microsoft Ventures, Porsche SE, Trinity Ventures, and Next47, a Siemens-affiliated firm. Additional funding also came from Matrix Partners, Trinity Ventures, and Northbridge Venture Partners. By March 2019, Markforged's cumulative funding reached $136.8 million, highlighted by an $82 million Series D financing round led by Summit Partners.

Markforged’s commercial approach focuses on marketing industrial-grade 3D printers intended to supplant conventional metal fabrication techniques, emphasizing scalable parallel production across multiple devices. The company operates in a competitive landscape alongside established 3D printing manufacturers like Stratasys, 3D Systems, and HP, as well as newer entrants such as Desktop Metal and Carbon.