Key Takeaways
Siemens is investing approximately $50 million into Xometry Inc. and integrating the company's AI-driven manufacturing marketplace into its own software, a move aimed at shortening production cycles and injecting real-time supply chain data directly into the design process.
"By infusing Siemens' comprehensive digital twin expertise and industrial AI innovation with large-scale, AI-driven manufacturing intelligence, we're breaking down the boundary between design and production for our customers," Tony Hemmelgarn, president and CEO of Siemens Digital Industries Software, said.
The partnership will embed Xometry’s (NASDAQ: XMTR) proprietary tools for manufacturability, pricing, and sourcing into the Siemens Xcelerator software suite. This includes integrating Xometry's Thomas industrial sourcing network with Siemens' Supplyframe to help customers source the entire bill of materials, covering both electronic and mechanical components.
For Siemens, the deal deepens its industrial software moat by offering a differentiated, price-aware design solution. For Xometry, the partnership provides a significant capital injection and access to Siemens' vast global customer base, potentially accelerating adoption of its platform which saw marketplace revenue grow 40 percent to $191.3 million in the first quarter.
The core of the partnership is the native integration of Xometry's marketplace capabilities within Siemens' software. This allows engineers to get immediate feedback on the manufacturability, cost, and lead time of custom parts as they are being designed. Previously, such data was often sourced late in the design process, leading to costly revisions and delays.
"We have built and trained our platform on the real-world complexities of manufacturing, including millions of part files, actual manufacturer feedback and production outcomes at global scale," said Randy Altschuler, co-founder and CEO of Xometry. "This partnership enables us to deliver this intelligence to engineers inside the design systems and workflows where manufacturing decisions are made."
The collaboration extends beyond just design feedback. Once a design is finalized, orders can be placed and tracked through to delivery directly within the Siemens environment, creating what the companies describe as a "continuous digital thread."
The approximately $50 million investment from Siemens provides a strong vote of confidence and fresh capital for Xometry. The company recently reported a strong first quarter for 2026, with total revenue climbing 36 percent year-over-year to $205.1 million and marketplace gross profit jumping 53 percent. The company also achieved a positive Adjusted EBITDA of $10.5 million, a significant improvement from just $78,000 in the same period last year.
By embedding its tools into Siemens Xcelerator, Xometry gains access to a massive user base of engineers at some of the world's largest industrial companies. This direct-to-engineer approach could significantly expand Xometry's active buyer base, which grew 20 percent year-over-year to 85,581 in the first quarter. The partnership aims to accelerate penetration of the large, fragmented custom manufacturing market for both companies.
This article is for informational purposes only and does not constitute investment advice.
