MacroFab, a Houston, TX-based cloud manufacturing platform for building electronics, raised $42M in new growth funding.
The round was led by Foundry and joined by BMW i Ventures, as well as existing investors Edison Partners and ATX Venture Partners.
The company, which has raised a total of $82M, intends to use the funds to continue to expand operations and its business reach.
Led by Misha Govshteyn, Chief Executive Officer, MacroFab operates a technology platform for electronics manufacturing from prototype to high scale production, with a network of 100+ factories across North America. The platform helps manage electronics manufacturing and provides customers with visibility into their production.
MacroFab’s shipments were up 275% year-over-year, as more companies moved their electronics production to North America. The company has doubled its workforce and opened a new facility in Mexico.
FinSMEs
18/01/2023