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Company News: West Fountain Parallel Fund's First IPO: Desktop Metal listed on NYSE

2020.12.18

Listing Ceremony

On December 10,Desktop Metal Inc (NYSE:DM) Listed on the New York Stock Exchange through SPAC and became the first IPO of West Fountain and its China Parallel Fund in 2020. It is also the first IPO since the establishment of West Fountain Parallel Fund three years ago.

Desktop Metal is the world's top metal 3D printing equipment and material provider. After listing, it has become the world's largest 3D printing company by market value.

Over the past three years, West Fountain Parallel Fund has invested in more than 20 high-tech companies across the United States, Germany, Israel, Japan, and other countries, most of which have become unicorns in their fields. The fund is entering a harvesting season for overseas investment.