MakerVerse has received €9.4 million in Series A funding to scale its AI-powered on-demand manufacturing platform. The round was led by 9.5 Ventures, with seed round investors including Siemens Energy and ZEISS also participating.
MakerVerse’s platform simplifies access to advanced manufacturing technologies such as CNC machining and 3D printing, and enables companies to build resilient supply chains.
“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.”
Since launching in early 2022, MakerVerse has gained customers in Europe and internationally, particularly in the industrial, aerospace and sustainability-focused sectors. The workforce grew to over 30 employees from more than 15 countries, and nearly 50 vetted suppliers were added.
“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.”
With the funding, MakerVerse plans to expand the one-stop-shop concept to include more technologies and materials and improve customer integration support.
“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.”
Find out more about MakerVerse at makerverse.ai.