Nowadays manufacturers are seeking an easier way to source industrial-quality parts.
To make that happen, MakerVerse, a platform that blends artificial intelligence-powered fast quotes with a certified global supplier chain to incorporate CNC machining and 3D printing, has raised €9.4M in Series A funding. It was led by 9.5 Ventures along with participation from Siemens Energy and ZEISS.
The Berlin-based industrial parts sourcing platform will use this money to extend 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 larger-scale production orders.
“The last year has really proven that companies want a simpler way to innovate,” said Dr. Markus Seibold, CEO of MakerVerse. “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.”
“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,” said Tim Schark, CFO of MakerVerse. “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.”
MakerVerse, which was launched in early 2022, provides a one-stop shop platform as well as a fully validated worldwide supply chain for various advanced manufacturing technologies such as CNC machining and 3D printing. This allows businesses to create resilient supply chains and readily acquire parts for prototyping, serial production, and other applications.
Diverse customer base
With an initial focus on Germany, the company claims to have garnered diverse customers throughout Europe and internationally, including multinationals, mid-size companies, and start-ups.
The company onboarded approximately 50 approved vendors in one year. The company now has more than 30 employees from over 15 different countries.
“We identified that many customers require additional assistance for their advanced manufacturing projects,” said Ward Ripmeester, COO of MakerVerse. “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.”
