USA – Fictiv, a San Francisco, CA-based digital manufacturing ecosystem solution, raised $35M in Series D funding.
The round, which brought total funding to $92M, was led by 40 North Ventures with participation from Honeywell, Sumitomo Mitsui Banking Corp., Adit Ventures, and M20 and previous investors Accel, G2VP, and Bill Gates.The company intends to use the funds to expand its cloud-based platform technology and invest in its supply chain operations and network infrastructure.Led by Dave Evans, CEO, Fictiv offers manufacturing agility and speed through a portfolio of optimized manufacturing processes for hardware companies of all sizes. Its Digital Manufacturing Ecosystem combines a cloud platform, design, quoting, billing and logistics systems, and an intelligent orchestration engine that manages a network of vetted and managed manufacturing partners that together deliver mechanical parts. The ecosystem is supported by experts to manage programs and inspect quality along the way. Over the last six years, Fictiv has manufactured more than 12M parts for early-stage companies and large enterprises alike. 17/02/2021
