Subscribe
EUROPE

MakerVerse to expand On-Demand Manufacturing with new $10 Million Series A Funding

2 Mins read
  • The funding will grow the company’s AI-powered platform, helping companies build resilient supply chains.
MakerVerse Team
MakerVerse Team/Source: MakerVerse

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 to expand on-demand manufacturing platform
MakerVerse to expand on-demand manufacturing platform/Source: 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.”


About Manufactur3D Magazine: Manufactur3D is an online magazine on 3D Printing. Visit our Global News page for more updates on Global 3D Printing News. To stay up-to-date about the latest happenings in the 3D printing world, like us on Facebook or follow us on LinkedIn and Twitter. Follow us on Google News.

2006 posts

About author
Manufactur3D is an Indian Online 3D Printing Media Platform that reports on the latest news, insights and analysis from the Indian and the Global 3D Printing Industry.
Articles
Related posts
EUROPE

Dutch Army purchases 10 Titomic D523 Cold Spray Systems for Ukraine

2 Mins read
Titomic Limited announced that the Royal Netherlands Army’s land branch, has purchased ten Titomic D523 Cold Spray Systems.
EUROPE

Additive Manufacturing Industry grew by 10.3% in 2023: AMPOWER Report

1 Mins read
AMPOWER has released its annual market report for industrial additive manufacturing. The AMPOWER report 2024 analyses global industry
EUROPE

3D Phoenix as Meltio’s official sales partner to boost growth in the Polish Metal Additive Manufacturing market

2 Mins read
Meltio has appointed 3D Phoenix as its official sales partner to drive growth in the Polish metal additive manufacturing market. 3D Phoenix will play