On demand manufacturing startup, Fictiv, raises $15mn for expansion

By Sophie Chapman
Share
The manufacturing startup, Fictiv, has announced that it raised US$15mn in Series B funding. The funding was led by Sinovation Ventures, with firms suc...

The manufacturing startup, Fictiv, has announced that it raised US$15mn in Series B funding.

The funding was led by Sinovation Ventures, with firms such as Accel, Intel Capital, FJ Labs, Tandon Group, and Stanford-StartX Fund all contributing.

The startup takes an on-demand approach to manufacturing, and has been considered “the Airbnb” of the industry by Forbes.

The company uses software to drive product development, from prototype to production, creating accessibility to hardware firms.

“Fictiv is creating a new world order in which software is democratizing access to fast, high quality manufacturing,” remarked Dave Evans, CEO and C-Founder of Fictiv.

SEE ALSO:

“We are thrilled to have these global investors on board, helping us reimagine manufacturing as more efficient and effective for both engineers and manufacturers.”

The firm’s total revenue has now reached $25mn, and Fictiv will use its recent capital to invest in growing its global network.

“Fictiv is obsessed with continuous improvement,” noted Nate Evans, CXO and Co-Founder of Fictiv.

“By capturing and analyzing customer data, Fictiv is uniquely able to guide customers through the manufacturing process, remove inefficiencies, and help teams make better decisions.”

“The intelligence built into the Fictiv system provides an unparalleled customer experience.”

Share

Featured Articles

Nissan: Striving To Safeguard EV Manufacturing Interests

Nissan is safeguarding the future of EV investments, jobs & the future of UK car manufacturing by calling for significant reforms to the UK's ZEV Mandate

ABB Cuts Industrial E-Waste in Quest for Circularity

Leading global manufacturer ABB cuts industrial e-waste by promoting reuse and recycling in a push for broader economic circularity

Volvo & Dassault Systèmes: Simulating Our Automotive Future

Volvo Cars has embraced Dassault Systèmes’ 3DEXPERIENCE platform to drive its automotive future, streamlining design, efficiency and sustainability

The Manufacturing Index: Best Industrial Cloud ERP Solutions

Technology

McKinsey & Nike: The State of Fashion Manufacturing in 2025

Production & Operations

Manufacturing LIVE Chicago 2025 – The Agenda

Digital Factory