Home Industry Replique secures seed extension financing

Replique secures seed extension financing

Following its initial financing in May 2023, Replique has now also announced the conclusion of a seed extension round. With the new funding, Replique plans to develop new platform modules to further expand automation and functionality.

Stephan Schubert from STS Ventures comments: “We are very optimistic about the future of Replique. The strong customer growth and the continuous expansion of the platform both in terms of features and regions show the commitment of the team and the added value they bring to customers. The company has already successfully implemented numerous proof-of-concept projects with its customers in series production.”

Replique enables companies to switch from a physical to a digital warehouse and provides components worldwide via a secure network of more than 100 production partners. This solution has already proven itself in numerous customer projects and offers cost-efficient and flexible production of spare parts, small series and high-performance components. Over 80 companies, including well-known companies such as Alstom, BASF, Miele, Danfoss and MAN, rely on Replique to provide parts on demand.

Markus Bold, Managing Director of Chemovator, BASF’s business incubator and early-stage investor, where the foundation for Replique was laid, also expresses his enthusiasm: “The development of our portfolio company Replique is impressive. The commitment and support of the existing investors is a key factor in this success.”

The new financing is intended to expand the network of qualified production partners worldwide in order to meet the high demand for industrially manufactured components on demand. In addition, Replique is seeking deeper integration with existing business systems to make it even easier for companies of all sizes to realize the benefits of 3D printing.

“We are very pleased with the trust and continued funding from our existing investors,” says Max Siebert, co-founder and CEO of Replique. “Thanks to the good relationship with our investors and their additional funds, we can fully focus on the further development of our core business. This seed extension allows us to further develop our structures to efficiently handle the increasing number of large orders in the future. This will allow us to accelerate our growth and ultimately create even greater added value for our customers.”

With this financial support and strategic measures, Replique is well positioned to further expand its market presence and drive on-demand industrial manufacturing through 3D printing worldwide. Continuous innovation and the expansion of its partner network will help Replique to consistently deliver efficient and high-quality solutions to its customers.

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