What is Volition?
Volition operates as a specialized online industrial parts marketplace, meticulously designed to cater to the unique requirements of the hardware development world. Based in San Francisco, CA, the company aims to streamline procurement and supply chain processes for businesses engaged in hardware innovation, offering a dedicated platform that addresses the complexities of sourcing components for development and manufacturing.
How much funding has Volition raised?
Volition has raised a total of $11M across 1 funding round:
Angel/Seed
$11M
Angel/Seed (2023): $11M with participation from Newark Venture Partners and Quiet Capital
Key Investors in Volition
Newark Venture Partners
Newark Venture Partners is a venture capital firm focused on early-stage funding and strategic support for innovative startups, particularly in healthcare and technology. They are known for their rapid decision-making and extensive network to aid in business scaling.
Quiet Capital
Quiet Capital is a founder-led venture capital firm that backs technology entrepreneurs. They provide patient capital and a collaborative network to build impactful companies across software, financial, health, and industrial markets.
What's next for Volition?
The recent major strategic investment signals a pivotal phase for Volition, likely enabling the company to scale its operations, enhance its platform capabilities, and expand its market reach. This capital infusion is expected to fuel further development of its online marketplace, potentially leading to broader industry adoption and stronger partnerships within the hardware development ecosystem. The company is poised for accelerated growth and increased market penetration.
See full Volition company page
