PartnershipMay 7, 2026, 06:56 AM
Xometry Partners with Siemens, Secures $50M Investment
AI Summary
Xometry, Inc. announced a new strategic partnership with Siemens to embed its proprietary AI-native manufacturability, pricing, sourcing, and execution intelligence directly within Siemens Xcelerator. Siemens is backing this partnership with an approximately $50 million investment in Xometry Class A common stock, underscoring its conviction in AI-powered industrial software. This collaboration will create a continuous digital thread from design decision to delivered parts by combining Siemens' digital twin and industrial AI leadership with Xometry's global marketplace and Thomas's supplier network.
Key Highlights
- Xometry formed a strategic partnership with Siemens to embed its AI-native manufacturing intelligence into Siemens Xcelerator.
- Siemens is investing approximately $50 million in Xometry Class A common stock.
- The partnership integrates Xometry's design, pricing, sourcing intelligence, and production insights into Siemens' design systems.
- It includes integrating Thomas, Xometry's industrial sourcing network, with Siemens' Supplyframe.
- The collaboration aims to create a continuous digital thread from design decision to delivered parts.
- The partnership is expected to accelerate market penetration for both companies in the manufacturing market.