Xometry Secures $15MM Investment from BMW i Ventures

GAITHERSBURG, MD, June 28, 2017 – Xometry, the leading on-demand manufacturing
platform, announced $15MM in funding led by BMW i Ventures, with participation from existing
investors including GE Ventures and Highland Capital Partners. Further fueling Xometry’s rapid
market expansion, the latest round of funding will accelerate Xometry’s investment in its machine learning-based software platform, manufacturing partner network, and sales organization.

“We’re thrilled to partner with BMW i Ventures and deepen our relationship with General
Electric,” said Randy Altschuler, co-founder and CEO of Xometry. “We’re accelerating our
efforts to provide additional features to our online platform, making it easier for engineers and
procurement managers to conveniently order a wide range of parts delivered by our expanding
network of hundreds of manufacturers across the nation.”

Xometry has now raised a total to date of $38MM.

Xometry has continued its rapid market expansion, recently eclipsing 5,000 customers spanning
multiple verticals, including aerospace, automotive, consumer, medical devices and industrials.
This year, Xometry has already tripled its 2016 bookings during the same time-period a year
ago. Xometry has correspondingly expanded its manufacturing capacity by more than five times
since the end of last year.

Leading global manufacturers, such as GE, BMW and others, are leveraging Xometry’s platform
to simplify the purchase of custom manufactured parts and to enable efficient price
transparency in their procurement practices.

Commensurate with the expanded relationship, BMW i Venture’s Partner, Zach Barasz, is
joining Xometry’s Board of Directors.

“Xometry is well-positioned to continue its rapid growth based on the strength of its software
platform, extensive manufacturing network and seasoned management team,” said Barasz.
“They quickly deliver quality custom parts to businesses of all sizes, including BMW.”

“We’re thrilled to continue to expand our relationship with Xometry. Its easy-to-use interface is
being deployed across GE business units to deliver high quality parts to a number of industries,”
said Ralph Taylor-Smith, managing director of Advanced Manufacturing, of GE Ventures.

About Xometry

Xometry is transforming American manufacturing through a proprietary machine learning based software platform which offers on-demand manufacturing to a diverse customer base,
ranging from startups to Fortune 100 companies. They provide product designers and engineers the most efficient way to source high-quality custom parts, with 24/7 access to instant pricing, expected lead time and manufacturability feedback. Xometry orchestrates a nationwide network of hundreds of partner manufacturing facilities that enables it to maintain consistently fast lead times while offering a broad array of capabilities, including CNC machining, 3D printing, sheet metal and casting to its customers.

About BMW i Ventures

Mountain View-based BMW i Ventures, a corporate venture capital team founded by BMW
Group in 2011, provides equity financing to high-potential start-ups and high-growth companies
dedicated to shape the future of global mobility. As a strategic investor, i Ventures aims to build
strong partnerships with young start-ups with a high potential of making urban mobility smarter, more efficient and more flexible. Collaboration projects intend to create sustainable business value on both sides. Portfolio companies benefit from BMW i Ventures’ long-term experience, strong reach and the broad network of a well-established brand. Through its previous investments in the fields of e-mobility, navigation, parking, car sharing and intermodality, BMW i Ventures has already entered into strategic partnerships with innovative providers such as Carbon3D, Nauto, Scoop, Stratim, Chargepoint, Life360, Moovit, JustPark, Chargemaster and Zendrive.

For more information, visit www.bmwiventures.com.

About GE Ventures

GE Ventures identifies, scales and accelerates ideas that will help make the world work better.
Focused on the areas of software, advanced manufacturing, energy and healthcare, GE
Ventures combines equity investing, new business creation, licensing and technology transfer to
deliver an innovation platform designed to drive growth for partners and GE.

For more information, visit http://www.geventures.com.

About Highland Capital Partners

Founded in 1987, Highland Capital Partners is a venture capital firm focused on putting the
entrepreneur first. With offices in Boston and Palo Alto, Highland has raised over $3 billion in
committed capital and invested in more than 270 companies, resulting in category-defining
businesses across consumer and enterprise technology. Investments include 2U, Catalant,
Harry’s, Jaunt, Malwarebytes, nuTonomy, Qihoo 360, Rent the Runway, Scopely, SmartThings,
ThredUP and Turbonomic.

For more information, visit www.hcp.com.

ILEXSOFT Releases HighDesign v2017.2

PERUGIA, Italy, June 28, 2017 – ILEXSOFT announced the release of HighDesign 2017.2, an update to their professional CAD software, available for Mac and currently in beta testing stage for Windows.

This new version focuses on project documentation and improves the workflow with a clearer organization of the tools, now grouped by function: selection, sketch, documentation, design and view. This change also includes the introduction of a new dedicated Annotation tool alongside the Text and Dimension tools. Annotations can now be associated to a parent element and offer more customization and editing options for greater flexibility.

[HighDesign 2017.2: New toolbar organization, textures and annotations]

“A more productive design process and accessible functions are constanty high priorities in the design community,” said Andrea Suraci, co-founder at Ilexsoft. “The coherent organization of the tools reflects the evolution of HighDesign into a solution capable of joining the flexibility of traditional CAD practices with a BIM-oriented mindset.”

[The new Annotation inspector]

The new productivity enhancements in release 2017.2 include the following:

  • Annotations with linear, curved, circular leader line or no leader; the ability to rotate the label, define its size, shape, padding; option to associate the text note to a host element.
  • Zero-suppression options in drawing units, both for leading and trailing zeros and metric and imperial units, for better integration with office and national standards.
  • Unified and improved interface for option dialogs.
  • Option to include the project symbols in the document, thus making it independent of the local library of resource and easier to interchange.
  • Enhanced alignments with automatic mid-point definition.
  • Improvements to group editing.
  • Better compatibility with drawings exported from ArchiCAD.
  • Overall performance enhancements.

[HighDesign 2017.2: New Project Unit settings panel]

About HighDesign

HighDesign is the alternative, full-featured 2D CAD software that combines advanced drafting and design tools with a modern, efficiency-oriented user interface designed to assist the user in all phases of the creative process. HighDesign has been developed from the ground up as a new product aimed at satisfying the actual needs of design professionals, and has grown to be a well recognized and appreciated app in the Mac community, actively used in more than 40 countries worldwide by individuals, firms and institutions.

Pricing and Availability

HighDesign LT 2017 and HighDesign 2017 run on Macs with macOS Sierra, OS X 10.11, OS X 10.10, OS X 10.9 and OS X 10.8. HighDesign for Windows is currently in the last stage of internal beta testing and will be available for public beta testing very soon.

HighDesign LT is available for 69.99 USD, and HighDesign 2017 comes in two main editions, Standard for 199.99 USD and Pro for 299.99 USD. A third option, called “Professional Plus”, offers two Pro licenses at the convenient price of 499.99 USD. Yearly renewals for existing customers are available starting at 99.99 USD.

A free, thirty-day trial is available from http://www.ilexsoft.com/downloads/.

One-year educational licenses are available free of charge for qualified students and teachers.

More information at www.ilexsoft.com/educational/.


HighDesign 2017 R2 is now available on the Mac App Store at the following links:


Founded in 2003 and based in Italy, ILEXSOFT is committed to creating innovative solutions for the architecture, engineering and construction (AEC) design community by developing advanced software with a focus on user experience characterized by simplicity and elegance. ILEXSOFT’s vision is to create modern software that is enjoyable to use and tailored to the actual needs of professionals, in which the user interface plays a central part by translating the complexity of building and product design into a smooth workflow.

AMD Launches Radeon Vega Frontier Edition

SUNNYVALE, CA, June 28, 2017 – AMD unleashed the first product based on its highly anticipated “Vega” graphics processing unit (GPU) architecture: Radeon Vega Frontier Edition. Radeon Vega Frontier Edition is the world’s first graphics card designed to empower the next generation of data scientists, game designers and visualization professionals, with up to 172 percent faster rendering performance than the comparable competitor card1. Through its disruptive High Bandwidth Cache Controller, the cornerstone of the world’s most advanced GPU memory architecture – HBM2 – Radeon Vega Frontier Edition expands the capacity of traditional GPU memory to 256TB, allowing users to tackle massive datasets with ease, and scored up to 33 percent faster than the competition in the DeepBench benchmark that measures the performance of basic operations involved in training deep neural networks2.

“We’re dedicating Radeon Vega Frontier Edition to all the visionaries and trailblazers who embrace new technologies to propel their industries forward to help solve mankind’s greatest problems,” said Ogi Brkic, senior director and general manager, Radeon Pro business, Radeon Technologies Group, AMD. “With this powerful solution, we’ve brought the full weight of our new ‘Vega’ GPU architecture to bear, offering unmatched3 performance in the most demanding design, rendering, and machine intelligence workloads so that the world’s top creators, data scientists and game developers can reach new frontiers in their fields.”

Radeon Vega Frontier Edition Board Design

“AMD did a stunning job on the industrial design of the Radeon Vega Frontier Edition. The blue-anodized brushed aluminum shroud and lit Radeon inlays are downright elegant,” said Kelt Reeves, president of Falcon Northwest. “The high-airflow I/O bracket and vented anodized backplate are a beautifully executed example of how form can follow function and still make for a beautiful product.”

Unmatched2 Performance and TCO in Machine Learning Applications

Together with AMD’s open-source, fully scalable ROCm software platform, Radeon Vega Frontier Edition paves the way for pioneers to continue pushing boundaries in fields like artificial intelligence (AI). Developers can now use the power of the “Vega” architecture for machine learning algorithm development on the Radeon Vega Frontier Edition faster than with any other GPU on the market2, before deploying it out to massive servers equipped with Radeon Instinct accelerators. This powerful new solution also delivers a disruptive performance per dollar equation, solidifying AMD’s leadership in compute total cost of ownership (TCO).

Advanced Photorealistic Rendering Performance

Radeon Vega Frontier Edition delivers the horsepower required for design and manufacturing firms to drive increasingly large and complex models and to deploy real-time visualization and physically-based rendering. The Radeon Vega Frontier Edition’s revolutionary memory engine also allows professionals to achieve photorealistic detail in computer-generated imagery. A visualization powerhouse, the Radeon Vega Frontier Edition GPU offers exceptional multi-GPU scaling, with 91 percent faster rendering using two Radeon Vega Frontier Edition GPUs4.

Accelerating Game Design and Immersive Workflows

The Radeon Vega Frontier Edition graphics card simplifies and accelerates game creation by providing a single GPU that is optimized for every stage of a game developer’s workflow. This includes everything from asset production to playtesting and performance optimization.  With the Radeon Pro Settings user interface, users can seamlessly switch between “Radeon Pro Mode” and “Gaming Mode” to alternate between development on animation applications like Autodesk Maya and performance optimizations with free, open source tools available through AMD’s GPUOpen initiative.

The compute power in Radeon Vega Frontier Edition and its support for an open software ecosystem also give a new breed of developers and filmmakers the ability to break new ground in virtual reality (VR) and 360-degree video content. AMD’s fastest Radeon VR Ready Creator graphics card ever, Radeon Vega Frontier Edition achieves the maximum possible score in the SteamVR benchmark, up to 21 percent higher than the multi-GPU Radeon Pro Duo solution5. Combined with Radeon Loom, AMD’s revolutionary 360-degree video stitching technology, creators can stitch high-resolution video in real time.

Radeon Vega Frontier Edition Availability

Radeon Vega Frontier Edition graphics cards are available from etailers in select regions today with an SEP of $999 USD for the air-cooled edition. The water-cooled edition is expected to launch in Q3 with an SEP of $1499.

About AMD

For more than 45 years AMD has driven innovation in high-performance computing, graphics, and visualization technologies ― the building blocks for gaming, immersive platforms, and the datacenter. Hundreds of millions of consumers, leading Fortune 500 businesses, and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work, and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible.

For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD website.

DARPA Selects Siemens for Transformative Design Program

PLANO, TX, June 28, 2017 – A team of researchers, led by Siemens Corporate Technology, and including Siemens’ product lifecycle management (PLM) software business, Georgia Institute of Technology, Michigan State University, and PARC, has been selected by the Defense Advanced Research Projects Agency (DARPA) to participate in their Transformative Design (TRADES) Program. According to DARPA, an agency of the US Department of Defense responsible for the development of emerging technologies, the program intends to develop advanced engineering tools to address highly complex design representation, analysis and synthesis. Technologies developed through this program should enable engineers to discover new designs and leverage new materials and manufacturing approaches, creating the future of design systems and processes. With the help of Siemens’ expertise and NX software, which includes highly advanced features for CAD and additive manufacturing, the team plans to create fundamental technologies to facilitate rapid design-to-manufacturing capabilities.

“Bringing this impressive team together to address these design challenges is a critical project, and can have significant impact on high performance products in industries such as aerospace, defense, automotive, medical devices and consumer products,” said Dr. Suraj Musuvathy, senior scientist, Siemens Corporate Technology. “By providing engineers access to tools that define designs simply, and encode fabrication requirements automatically, our research will enhance the ability to create, optimize and fabricate the complex designs of the future.”

Siemens’ NX software includes highly advanced features for the design of heterogeneous materials, composites and lattice structures, as well as preparation for additive manufacturing. In joining the DARPA TRADES project team, researchers will work to further expand these capabilities and create a new approach for designing models with billions of geometric attributes, as well as the manufacturing of these highly complex objects. Using these new technologies, many products could be engineered to be lighter and more durable, while also providing far better performance. Specific applications include rotating turbo machinery in jet engines, gas turbines and electric motors across multiple industries.

About Siemens PLM Software

Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of product lifecycle management (PLM) and manufacturing operations management (MOM) software, systems and services with over 15 million licensed seats and more than 140,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with its customers to provide industry software solutions that help companies everywhere achieve a sustainable competitive advantage by making real the innovations that matter. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.

For further information on the DARPA TRADES program, please see www.darpa.mil/program/transformative-design.

About Siemens AG

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide.

Further information is available on the Internet at www.siemens.com.

University of Fashion Partners with Tukatech

NEW YORK, NY, June 28, 2017 – The world’s largest online fashion design video library introduces lessons on TUKAcad at fraction of the cost of traditional schools. The University of Fashion [UofF] partners with Tukatech to provide video training on TUKAcad, Tukatech’s flagship software for pattern making, grading and marker making. The video training is accessible to everyone, and over 50,000 UofF subscribers already have access to it.

The University of Fashion provides online lessons to teach every facet of fashion design and business. Lessons are taught exclusively by college professors and fashion industry professionals. The UofF subscribers have access to the full library of video tutorials through their website, www.universityoffashion.com.

“The UofF students have perfected their skills and now they want to learn the latest, most innovative design techniques on the most advanced equipment available. That’s why Tukatech is the perfect partner for the UofF. They’re constantly creating innovative new technology, assuring that designers both stay in tune with the times and ahead of their competition,” says Francesca Sterlacci, founder and CEO, The University of Fashion.

“Education is a fundamental aspect of Tukatech’s philosophy. Partnering with the University of Fashion was an easy decision,” says Ram Sareen, founder and CEO, Tukatech.

Tukatech has offered TUKAcad on subscription basis for many years. TUKAcad video lessons through the UofF is a perfect complement and will benefit many, from beginning fashion students to experienced, professional fashion designers or seasoned home sewers. Students and subscribers of the UofF can also enjoy a subscription to TUKAcad Learning Edition at $25 per month, like those registered as full-time students at traditional Universities. Startup companies can subscribe to TUKAcad Professional Edition at $200 per month and plot patterns and markers at FedEx Kinkos, as well as TUKAcenters worldwide. TUKAcad subscriptions are available at www.tukaweb.com.

Watch the TUKAcad intro video: http://www.universityoffashion.com/disciplines/cad-pattern-making

About University of Fashion

Founded and developed by Francesca Sterlacci, a New York fashion designer, educator and author. UofF offers unlimited, on-demand access to hundreds of video lessons via monthly subscription.

Visit http://www.universityoffashion.com to learn more.

About Tukatech

Founded in 1995, Tukatech, Inc. is the apparel industry’s leading provider of fashion technology solutions, with teams of apparel industry expert engineers worldwide. Tukatech offers powerful software and hardware for every process from the pattern-room to the cutting-floor.

Visit www.tukatech.com to learn more.

PSA Retail Uses Dassault’s Virtual Garage Solution

VELIZY-VILLACOUBLAY, France, June 28, 2017 – Dassault Systèmes is helping PSA Retail, the automotive distribution group of PSA, transform the customer car buying journey with a compelling digital in-store automotive dealership experience that injects change into its traditional automotive retail space and engages consumers in an interactive, personalized purchase decision.

PSA Retail used Dassault Systèmes’ “Virtual Garage” industry solution experience to create a digital in-store retail format that infuses high-end digital visualization into the physical showroom sales process. PSA Retail’s new “Experience Store” in Paris features point of sale configurators to digitally showcase Peugeot, Citroën and DS vehicles in spaces measuring only 150 square meters for each brand. PSA Retail, the leading automotive distributor in France and second-leading in Europe, plans to replicate this new retail format with 30 Experience Stores across Europe by 2020.

Using high-end renderings of virtual 3D models at its Experience Store, PSA Retail can showcase entire product ranges digitally with the detail and realism needed to create an emotional connection with customers. Shoppers can experience and configure their vehicle of choice in real time, choosing from different variants, scene environments, lighting conditions and effects to customize the vehicle’s interior and exterior.

The configurators also serve as a valuable sales tool to showcase product options and detailed specifications without requiring any 3D visualization expertise.

“Automotive dealerships are challenged to present a growing number of options and accessories to appeal to a digital generation and, particularly in large cities like Paris, do so in small, expensive retail locations,” said Olivier Sappin, vice president, Transportation & Mobility Industry, Dassault Systèmes. “Imagine a showroom without a physical car, or interacting with a car without touching it.  3DEXPERIENCE universes bring consumers closer to their future car than if they were strolling through a physical dealership.”

For more information, visit Dassault Systèmes’ industry solution experiences for the transportation & mobility industry www.3ds.com/industries/transportation-mobility.

Dassault Systèmes’ 3DEXCITE applications www.3ds.com/products-services/3dexcite.

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 220,000 customers of all sizes, in all industries, in more than 140 countries.

For more information, visit www.3ds.com.