Makersite has secured €60 million in Series B funding to advance its sustainable manufacturing solutions, co-led by Lightrock and Partech, with the investment aimed at enhancing its AI-powered platform for better supply chain transparency.
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Makersite, headquartered in Stuttgart, Germany, has successfully raised €60 million in Series B funding aimed at advancing its mission of ensuring that every manufactured product is affordable, safe, and sustainable. The company leverages intelligent automation and extensive product knowledge to achieve this goal, underpinned by deep integrations and an AI-powered platform. This recent funding round was co-led by Lightrock and Partech, with participation from existing Series A investors, including Hitachi Ventures, KOMPAS VC, Translink Capital, and Planet A.
The capital raised will allow Makersite to enhance its offerings and scale its technology and workforce to respond to the increasing demand from manufacturers for sustainable design solutions. Neil D’Souza, CEO and Founder of Makersite, emphasized that this investment is pivotal in making sustainable product design the default choice within industry practices.
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Industry Overview in Germany
Germany is renowned for its advanced manufacturing sector, which significantly contributes to the country’s economy. As a global manufacturing hub, it is responsible for about 19% of global emissions, placing considerable pressure on the industry to ad
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Transaction Size: $65M