UPDATE 2-Uganda sees work on oil pipeline with Total starting shortly
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UPDATE 2-Uganda sees work on oil pipeline with Total starting shortly
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Fictiv nabs $35M to build out the ‘AWS of hardware manufacturing’
Hardware may indeed be hard, but a startup that’s built a platform that might help buck that idea by making hardware a little easier to produce has announced some more funding to continue building out its platform.
Fictiv, which positions itself as the “AWS of hardware” providing a platform for those needing to produce some hardware, giving them a place to design, price and order those pieces and eventually get them from one place to another has raised $35 million.
Fictiv will be using the money to continue building out its platform and the supply chain that underpins its business, which the startup describes as a “Digital Manufacturing Ecosystem.”
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Fictiv secured a new $35 million round of funding led by 40 North Ventures as well as other investors, including Honeywell, Sumitomo Mitsui Banking Corp., Adit Ventures and M
20, to expand its Digital Manufacturing Ecosystem.
This investment will be used to advance Fictiv’s cloud-based platform technology.
To date, Fictiv has produced more than 12 million parts for both early-stage companies and large enterprises in robotics, aerospace, automotive and medical devices.
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