Berlin-based startup Makerverse lands $10M in funding to grow its AI-powered platform and expand on-demand manufacturing
MakerVerse, an on-demand AI-powered manufacturing platform, has raised $10 million for our Series A funding round led by 9.5 Ventures, with participation from Siemens Energy and ZEISS. The Berlin-based Berlin, Germany-based tech startup will use the new cash infusion to expand its advanced manufacturing offerings and help companies build resilient supply chains.
Founded in 2022 by CEO Dr. Markus Seibold, COO Ward Ripmeester, CTO Manish Katoch, and CFO Tim Schark, MakerVerse provides a one-stop shop platform combined with a fully-vetted global supply chain for various advanced manufacturing, including CNC machining and 3D printing, allowing businesses to create resilient supply chains and readily acquire parts.
This enables companies to build resilient supply chains and easily source parts for prototyping, serial production, and other uses. AI-powered instant quotes ensure customers can put their parts into production quickly. With an initial focus on Germany, the company has diverse customers throughout Europe and internationally, including multinationals, mid-size companies, and start-ups.
Commenting on the funding, Tim Schark, CFO MakerVerse stated on funding “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.”
Adding to it CEO, Dr. Markus Siebold commented “The last year has really proven that companies want a simpler way to innovate, 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’s platform provides a one-stop-shop concept for advanced manufacturing, including CNC machining and 3D printing, allowing businesses to create resilient supply chains and readily acquire parts. With an initial focus on Germany, the company has diverse customers throughout Europe and internationally, including multinationals, mid-size companies, and start-ups.
With this funding, MakerVerse will expand its “one-stop shop” concept for advanced manufacturing with more technologies and materials. MakerVerse will also provide advanced support to integrate the platform into customers’ existing systems. The company plans to build capacity for even more large-scale production orders.
“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.”