What is MacroFab?
Founded in 2013, MacroFab operates a technology platform and marketplace designed to revolutionize how North American OEMs source Printed Circuit Board Assemblies (PCBAs). The company utilizes AI-enabled sourcing, expert internal teams, and a connected platform to facilitate the production of electronics, from early prototypes to high-volume manufacturing. MacroFab's core function is to connect OEMs with suitable factories at opportune times, streamlining the product development lifecycle. With its North American-based factory lines, MacroFab is capable of producing millions of custom-manufactured products annually, ensuring proximity to end-users and readiness for shipment. This robust and reliable supply chain empowers customers to maintain a competitive edge through efficient product management.
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 ATX Seed Ventures, Altium, and Edison Partners
Other Financing Round (2023): $42M with participation from Edison Partners, Foundry, and BMW
Key Investors in MacroFab
Edison Partners
Edison Partners is a venture capital firm that invests in disruptive B2B software, marketplaces, and frontier technology, aiming to accelerate growth through capital and strategic resources.
Altium
Altium is a leading provider of PCB design software and tools, offering integrated schematic editors for engineers involved in printed circuit board design.
BMW
BMW i Ventures is a venture capital arm focused on innovative companies in the automotive sector, including electric vehicles, manufacturing solutions, and digital sales platforms.
What's next for MacroFab?
The substantial enterprise-level capital infusion and recent strategic investment indicate MacroFab is poised for accelerated expansion and market penetration. This backing will likely fuel further development of its AI-driven sourcing capabilities and platform enhancements. The company is expected to leverage this financing to scale its operations, broaden its network of manufacturing partners, and enhance its service offerings to a wider range of OEMs. Strategic partnerships, potentially with entities like BMW or those involved in advanced manufacturing technologies, could also be on the horizon, further solidifying MacroFab's position as a key player in the electronics manufacturing supply chain.
See full MacroFab company page
