MakerVerse, a Berlin, Germany-based platform that blends AI-powered fast quotes with a certified global supplier chain to incorporate CNC machining and 3D printing, raised €9.4 million in Series A funding.
The round was led by 9.5 Ventures, with participation from Siemens Energy and ZEISS. The fresh funds will be used to extend its “one-stop shop” concept for advanced manufacturing by adding new technologies and materials.
MakerVerse will also provide advanced support to customers 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.”
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.
Company: MakerVerse GmbH
Raised: €9.4M
Round: Series A
Funding Month: April 2023
Lead Investors: 9.5 Ventures
Additional Investors: Siemens Energy and ZEISS
Company Website: https://www.makerverse.ai/
Software Category: Industrial Parts Sourcing Platform
About the Company: MakerVerse is an advanced manufacturing platform for sourcing industrial-grade parts on demand. The multi-sided platform connects industrial makers with a distributed network of certified producers. The company combines cutting-edge industry expertise with profound knowledge of digital venture-building. MakerVerse's AI-based pricing algorithm provides instant quotations for a wide range of manufacturing technologies, materials, and post-processing methods, including CNC machining and 3D printing. The company onboarded approximately 50 approved vendors in one year and has more than 30 employees from over 15 different countries.
Source: https://www.makerverse.ai/pr-funding-announcement-series-a