What is MacroFab?
Founded in 2013, MacroFab operates a technology platform and marketplace designed to transform how OEMs procure PCBAs, from early-stage prototypes to high-volume production. By integrating AI-enabled sourcing with expert internal teams and a connected platform, MacroFab facilitates the connection between OEMs and suitable factories, optimizing the product development lifecycle. The company's network of North American factory lines enables the production of millions of custom-manufactured products annually, ensuring proximity to end-users and efficient shipping. This localized supply chain strategy allows customers to maintain a competitive edge through efficient product management and manufacturing.
How much funding has MacroFab raised?
MacroFab has raised a total of $63.3M across 6 funding rounds:
Angel/Seed
$2M
Other Financing Round
$3M
Debt
$350K
Debt
$905K
Series B
$15M
Other Financing Round
$42M
Angel/Seed (2015): $2M with participation from Techstars
Other Financing Round (2017): $3.1M led by Dentsu Ventures
Debt (2020): $350K supported by PPP
Debt (2021): $905K featuring PPP
Series B (2021): $15M backed by Altium, Edison Partners, and ATX Seed Ventures
Other Financing Round (2023): $42M with participation from BMW, Edison Partners, and Foundry
Key Investors in MacroFab
BMW
BMW i Ventures, the venture capital arm of BMW, invests in innovative automotive technologies, focusing on areas like electric vehicles and manufacturing solutions. They leverage BMW's corporate expertise to support portfolio companies.
Edison Partners
Edison Partners is a venture capital firm that operates within the private equity industry, known for its investments in growing companies. The firm is headquartered in Melbourne, Victoria, Australia.
Altium
Altium is a software development company specializing in PCB design tools for engineers. Their integrated platform supports the entire electronic design process, from schematic capture to board layout.
What's next for MacroFab?
The recent major strategic investment in MacroFab signals a strong confidence in its business model and its capacity for further growth and innovation. This capital infusion is expected to accelerate the expansion of its AI capabilities, enhance its marketplace offerings, and potentially broaden its manufacturing network. As MacroFab continues to scale, its focus will likely remain on strengthening its position as a key enabler of domestic electronics manufacturing, offering flexibility and efficiency to OEMs navigating complex supply chains. The company's trajectory suggests a continued emphasis on leveraging technology to streamline and optimize the electronics production process.
See full MacroFab company page
