Founded in 2015 by four MIT professors and a team whose previous start-ups have shipped over $1 billion in hardware, Desktop Metal is developing a revolutionary metal additive manufacturing technology that is 100 times faster than previous additive processes. The company has raised $97 million from Google, BMW, General Electric, Kleiner Perkins, Stratasys and NEA. The product was launched in May 2017. Early customers include several Fortune 50 corporations. Desktop Metal believes its products will be major pillars in the realization of Industry 4.0.