MakerVerse, a Berlin-based one-stop shop for digital manufacturing, announced a new €9.4 million ($10 million USD) Series A funding round to expand on-demand manufacturing. MakerVerse plans to scale its AI-powered on-demand manufacturing platform in order to accelerate growth.
The funding round is led by 9.5 Ventures. The new round was supported by all of the original seed round investors, including Siemens Energy and ZEISS.
“The last year has really proven that companies want a simpler way to innovate. Our platform makes it easy to access advanced manufacturing technologies. With the additional funding, we will expand our technologies and help companies with even larger projects to drive further innovation.”
– Dr. Markus Seibold, CEO of MakerVerse
MakerVerse to expand On-Demand Manufacturing
MakerVerse provides a one-stop shop platform for various advanced manufacturing technologies such as CNC machining and 3D printing, as well as a fully vetted global supply chain. This allows businesses to create resilient supply chains and easily source parts for prototyping, serial production, and other applications.
“We’re thrilled to have closed this funding round, especially in light of the uncertainty in global economic conditions and in the venture capital world. This funding round highlights the benefits and uniqueness of our set-up, which combines the strategic advantages of corporate investors with the speed and expertise in innovative business models of VCs.”
– Tim Schark, CFO of MakerVerse
MakerVerse debuted in early 2022, initially targeting the German market. Since then, the company has attracted a diverse range of customers from Europe and beyond, including multinational corporations, mid-sized businesses, and start-ups. Traction has been especially strong among industrial manufacturers, the space industry, and businesses that prioritise sustainability.
MakerVerse onboarded nearly 50 vetted suppliers in one year. The company now has 30+ employees from 15+ different nationalities.
Future Plans
MakerVerse will use this funding to expand its “one-stop shop” concept for advanced manufacturing by adding new technologies and materials. MakerVerse will also provide advanced support to customers in order to integrate the platform into their existing systems. The company intends to expand capacity to accommodate even more large-scale production orders.
According to Ward Ripmeester, COO of MakerVerse, “We identified that many customers require additional assistance for their advanced manufacturing projects. With this funding, we’ll be able to expand our end-to-end production order support, which involves creating complete manufacturing plans, providing expert guidance, and executing the entire project.”
