What is Studio?
Studio operates as an on-demand manufacturing platform, aiming to make the production process accessible to a broad range of users. By leveraging a network of factories and advanced technology, the company facilitates the rapid and cost-effective manufacturing of products. Its cloud-based management platform ensures a streamlined, quick turnaround, competitive pricing, and a reliable supply chain, addressing key challenges in modern production.
How much funding has Studio raised?
Studio has raised a total of $11M across 1 funding round:
Series A
$11M
Series A (2018): $11M with participation from Western Technology Investment, Ignition Partners, VTF, FJ Labs, Interplay, and Firebolt Ventures
Key Investors in Studio
Western Technology Investment
Western Technology Investment (WTI) specializes in providing venture debt to assist startups in financing their growth while minimizing shareholder dilution. Since its inception in 1980, WTI has supported over 1,400 companies across various innovation sectors, demonstrating a long history of capital provision through diverse economic cycles. WTI adopts a flexible and founder-friendly approach to lending, empowering partners to make timely decisions that cater to the unique needs of their portfolio companies. The firm offers scalable credit facilities suitable for businesses from their seed stage to public listing.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses. They have invested in notable companies such as Alibaba, Coupang, and Rappi, building the world's largest portfolio of marketplace startups, with over 30 achieving unicorn status. The company seeks visionary founders who demonstrate passion, grit, and the ability to execute their vision. FJ Labs is committed to supporting thousands of entrepreneurs who are driving positive transformations in their industries.
Interplay
Interplay is an innovation platform. The company invest in, cofound and incubate companies. The company's platform helps companies scale. The platform includes service companies. The company's free concierge can help connect you with services. The company's team is NY-based with a global footprint.
What's next for Studio?
The recent major strategic investment signifies a critical growth phase for Studio, likely enabling the company to expand its factory network, enhance its technological capabilities, and broaden its market reach. This enterprise-level funding positions Studio to further solidify its market leadership in the on-demand manufacturing sector, potentially exploring new verticals and deepening its integration with clients' supply chains.
See full Studio company page