Replique, a digital manufacturing startup, spins off from Chemovator, BASF’s business incubator, and successfully closes a late seed round to expand its operations. STS Ventures, a leading digital technology investor, led the funding round. Replique offers the first fully encrypted 3D printing platform, making spare part management and small-series production more sustainable.
Replique offers the first fully encrypted 3D printing platform, making spare part management and small-series production more sustainable. It provides an end-to-end solution from qualification to production and shipment by combining digital inventory and a network of additive manufacturing professionals.
Replique closes new funding round
As an experienced early-stage investor, STS Ventures led the funding round. STS Ventures, on the other hand, brings valuable entrepreneurial mindset and experience to the table with their managing partner Stephan Schubert – former founder and managing director of Onvista until its spin-off in 2007 – and will be a great support for Replique’s path to a strong profitable business.
“We see a lot of Startups with promising ideas, but Replique stood out to us as a game-changer in the manufacturing industry. Their innovative industrial 3D printing platform has the potential to disrupt the industry and we are excited to support their growth and expansion in the future. Besides the right solution, Replique also brings the right mind-set and an excellent team to the table”, says Oliver Kaul, partner at STS Ventures.
With extensive experience in the machinery and data industries, angel investors chameleon GmbH and R3 consulting & investment GmbH round out the late seed funding.
“We’re thrilled to have successfully spun off from Chemovator and to have secured ourselves the support of such prominent investors, who have a strong experience in scaling Startups and bring the strategic expertise to internationalize our business in an efficient way. We look forward to working closely together to achieve our goal of becoming the world’s greatest digital inventory for on-demand parts.”– Dr. Henrike Wonneberger, Co-founder of Replique
Replique is the fifth startup to emerge from Chemovator. Despite its independence, Replique maintains a close customer relationship with BASF, as well as its subsidiary BASF 3D Printing Solutions, one of Replique’s trusted material partners, and the entire BASF network. Chemovator’s Managing Director, Markus Bold, commented saying, “We look forward to working together to continue Replique’s path to success.”
Replique, the Digital inventory Startup
The team led by co-founders Dr. Henrike Wonneberger and Dr. Max Siebert provides an industrial 3D printing platform that allows OEMs to digitally store parts. Customers receive these parts on demand from a global network of more than 80 trusted and certified print farms.
The safe platform integrates easily into existing business landscapes such as ERP systems and webshops. This allows B2B companies like Alstom to use 3D printing in a seamless supply chain process, and B2C companies like Miele and Siena Garden to offer 3D-printed parts to their customers.
“Our platform is designed to bring part management into the 21st century, and our approach has already proven its worth. We’re excited to build on this momentum with the support of our new investors and partners.”– Max Siebert, co-founder of Replique
Replique is now concentrating on broadening its reach and acquiring new customers in a variety of industries. Replique intends to use the proceeds to improve the platform’s development by adding new features and investing in human resources.
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