What is Fictiv?
Fictiv operates at the intersection of software and hardware, providing an on-demand manufacturing ecosystem that streamlines the procurement of precision parts. Its core offerings include 3D printing, CNC machining, and injection molding, all managed through a proprietary digital interface that enhances transparency and speed. By digitizing the manufacturing workflow, Fictiv addresses the inefficiencies inherent in traditional supply chains, enabling engineers and product developers to accelerate their time-to-market. The company's market position is defined by its ability to bridge the gap between complex design requirements and scalable production, serving a diverse array of industries ranging from aerospace to consumer electronics.
How much funding has Fictiv raised?
Fictiv has raised a total of $194.6M across 6 funding rounds:
Series A
$9.6M
Series B
$15M
Series C
$33M
Debt
$2M
Series D
$35M
Series E
$100M
Series A (2015): $9.6M with participation from Accel, Sinovation Ventures, and StartX
Series B (2018): $15M led by FJ Labs, Tandon Group, Accel, Intel Capital, Sinovation Ventures, Stanford StartX Fund, and Bill Gates
Series C (2019): $33M supported by Bill Gates, Tandon Group, Accel, Intel Capital, Sinovation Ventures, MITSUI & CO LTD, and G2 Venture Partners
Debt (2020): $2M featuring PPP
Series D (2021): $35M backed by Adit Ventures, Sumitomo Mitsui Trust Holdings, Bill Gates, Honeywell, 40 North Ventures, Accel, M20, and G2 Venture Partners
Series E (2022): $100M with participation from Angeleno Group, The Westly Group, Activate Capital, and Cross Creek
Key Investors in Fictiv
Sinovation Ventures
A prominent technology venture capital firm founded by Dr. Kai-Fu Lee, focusing on early-stage investments in technology and innovation with a portfolio of over 500 companies.
G2 Venture Partners
A firm that partners with innovative companies leveraging transformative technologies to revolutionize traditional industries and promote a sustainable future.
Bill Gates
A prominent investor and philanthropist who supports companies driving positive global impact through technological innovation and sustainable development.
What's next for Fictiv?
With the successful closure of its latest funding round, Fictiv is well-positioned to accelerate its strategic roadmap, focusing on the expansion of its global manufacturing network and the enhancement of its AI-driven quoting engine. The company is expected to prioritize investments in advanced material science and automated quality control systems to further differentiate its service offerings. As the manufacturing sector continues to undergo a digital transformation, Fictiv's focus will likely remain on deepening its integration with enterprise-level product lifecycle management tools, thereby cementing its status as an indispensable partner for companies navigating the complexities of modern hardware development.
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