Fictiv Secures $100M in Series E Funding

Co-founders Dave EvansAnd Nate EvansFrom left to right: founded Fictiv in 2013.

Fictiv, a San Francisco, CA-based leader in high-quality, on-demand manufacturing, closed a $100m Series E funding round.

The round, which brings total funding raised to date to $192m since its founding, was led by Activate Capital, with participation from new investors Angeleno Group, Cross Creek,nd The Westly Group, existing institutional investors including Accel, Bill Gates, G2 Venture Partners, Standard Investments.

TheCompany plans to use the funds in order to increase product innovation and expand its business reach.

Co-founders Dave EvansAnd Nate Evans, FictivA globally dispersed Digital Manufacturing EcosystemThat delivers custom-made mechanical parts on-demand Itsecosystem provides customers with manufacturing agility through a digital order-to-order platform, managed global partner networks, and a team consisting of manufacturing experts who oversee programs and inspect quality. The company’s operations are built around a digital core that leverages proprietary AI algorithms to deliver instant pricing, design for manufacturability feedback, and production transparency. Fictiv’s portfolio of optimized manufacturing services includes 3D printing, CNC machining, urethane casting, and injection molding with business solutions for new product development, engineer-to-order, and maintenance, repair and operations.

ToThe company has shipped over 19,000,000 mechanical parts to more that 3,000 product businesses.

FinSMEs

05/05/2022

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