Wikifactory Raises $2.5M in Pre-Series A Funding

Wikifactory, Copenhagen, DenmarkFunded $2.5M for a platform online that allows users to create physical products together. in pre-series A funding.

BackersIncluded existing shareholders as well as new investors, including the investment vehicle Lars Seier Christensen. ThisThis brings the total amount of funds raised to date to nearly $8M. 

LedBy Nicolai Peitersen, Executive Chairman, WikifactoryThis allows developers, engineers, startups, and designers from around the world to collaborate, create, and prototype hardware solutions inReal-time solutions for real world problems TheCompany is building the InternetOf Production, which is an emerging concept of a distributed, interoperable, open standards-based system, linking together product definitions, software services, and manufacturing-as-a-service (MaaS) solutions. 

MoreMore than 130,000 product developers from more than 190 countries use the platform to create robotics, electric cars, drones and agri-tech. They also use the platform for lab equipment, 3D printers and smart furniture, as well medical devices. 

TheThe company plans to use the funds for growth of its manufacturing marketplace, which was soft-launched earlier in the year to provide an online solution that allows anyone to create and prototype hardware from anywhere. ItOnline quotes, global delivery, faster production times, and faster manufacturing times for CNC machining, sheet metal printing, and injection molding with 150+ materials and presets from both local and global manufacturers.



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