MakerVerse raises € 9.4 million to expand its advanced manufacturing offering in CNC machining and 3D printing

Image Courtesy: MakerVerse

MakerVerse, an on-demand AI-powered manufacturing platform, has raised € 9.4 million in Series A funding led by 9.5 Ventures, with participation from Siemens Energy and ZEISS.

Berlin-based company intends to use the funds for advanced manufacturing and customer support.

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. The company initially focused on Germany but has since expanded to include international customers, such as multinationals and mid-size businesses, as well as start-ups.