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Replique, an industrial 3D printing platform, extends its seed funding round after its initial funding in May 2023. The announcement follows the recent launch of a 3D printing material hub.
Lead investor STS Ventures, renowned for their expertise in early-stage B2B startups, along with all other investors, have increased their financing in Replique. Their continued support reflects their confidence in Replique’s growth trajectory and potential, as Stephan Schubert from STS Ventures comments: “We’re very optimistic about Replique’s future. The strong customer growth and continuous platform extension both by function and region demonstrate the team’s commitment and the value they bring to customers. The company converted numerous proof-of-concept projects successfully to serial applications with their customers.”
With the extended seed funding, Replique will invest in the development of new platform modules to further automate and extend their 3D printing services. Moreover, Replique plans to increase its network of qualified production partners globally to satisfy the strong demand for on-demand manufactured industrial parts. The company further aims to deepen its integration with existing business systems, making it easier for companies of all sizes to leverage the benefits of on-demand 3D printing.
“We are thrilled about the continued trust and further funding from our proven investors,” shares Max Siebert, CEO and Co-founder of Replique. “The great relationship with our investors and their additional resources will enable us to fully focus on our core business. This seed extension enables us to further develop the necessary structures to efficiently handle the increasing number of large orders in the future, ultimately accelerating our growth and delivering even greater value to our customers.”
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