What does MacroFab do?
MacroFab, is a cloud enabled electronics manufacturing platform designed to make manufacturing new electronics easy, fast and cost effective. It is an agile manufacturing platform for hardware startups. The company eliminates the hassles of getting a product to market by providing an integrated electronics manufacturing and operations platform which helps hardware startups in prototyping and delivering their products to customers faster than before.
How much MacroFab was funded?
MacroFab raised $2M in Seed round on July 28, 2015 from Techstars Ventures (Lead)
Previous funding
$100k in Seed round on October 1, 2013
$600k in Angel round on April 15, 2014
What is next for MacroFab?
MacroFab will use the funds to grow its team and expand its software and manufacturing capabilities, including turnaround on turkey prototypes in a little time like 24 hours. The company solves the problem of a disjointed process. It is building products in-house, and eliminating excess costs and minimizing overhead. The funding will also be used for hiring additional development talent necessary for the expansion of its software capabilities.
More about MacroFab
MacroFab was founded on October 1, 2013 by Parker Dillmann and Chris Church. It has its headquarters in Houston, TX. The company is solving the problems of small businesses with prototype production by making small batch manufacturing easy and affordable. Through this platform, hardware startups can upload their designs, order prototypes, get an automatic quote, order production runs via online cloud based platform. Its aim is to provide total transparency through an interactive manufacturing operations platform, allowing entrepreneurs a complete control over their product from design to delivery to the customer. These special service offering help startups in testing new products and markets without the capital risk of doing large manufacturing runs, thus providing a holistic approach with rapid turnaround necessary for a startup