Berlin-based MakerVerse has raised a €9.4 million Series A funding round to scale its AI-powered on-demand manufacturing supply chain platform.
“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,” says 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 launched its platform in early 2022 into the German market, since, it has grown its customer base across Europe and further afield. The platform connects industrial makers with a network of certified producers.
“The last year has really proven that companies want a simpler way to innovate,” says 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 will expand its “one-stop shop” concept for advanced manufacturing with more technologies and materials while advancing support to integrate the platform into customers’ existing systems.
“We identified that many customers require additional assistance for their advanced manufacturing projects,” says 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.”