The round, which brought total funding to $58m, was led by G2VP, with new investor Mitsui & Co. joining return partners Accel, Bill Gates, Intel Capital, Sinovation and Tandon Group.
The company intends to use the funds to accelerate its work to digitize and automate the manufacturing workflow.
Core initiatives include investment in its cloud infrastructure and software tools to streamline workflow, expansion of its global manufacturing network to increase access to manufacturing capabilities, materials, and capacity, and hiring top talent to scale its industry-leading service experience.
Led by CEO Dave Evans and CXO Nate Evans, Fictiv provides a cloud contract manufacturing platform that pairs intelligent workflow and collaboration software with a global network of manufacturers. From prototype to production, the company aims to help hardware teams in the automotive, medical, robotics, aerospace and consumer electronics industries work efficiently and bring products to market faster.
Key features of the platform include:
– 3D Printing, CNC, Urethane Casting and Injection Molding with instant pricing available online;
– Finishing and post-processing services;
– Automatic Design for Manufacturability (DFM) feedback;
– Online order tracking for visibility on production and shipment status;
– Global manufacturing network;
– US and APAC service teams led by manufacturing experts;
– ISO 9001-certified quality management systems; and
– quality services, including inspection reports, first article inspection, initial sample inspection reports and product part approval process.