MacroFab, the cloud manufacturing platform for building electronics from prototype to high-scale production, with a network of more than 100 factories across North America, announced today $42 million in new growth capital.
The funding was led by Foundry and joined by BMW i Ventures, as well as existing investors Edison Partners and ATX Venture Partners. With this round of financing MacroFab has raised a total of $82 million, enabling the company's accelerated growth amid the ongoing transformation of global supply chains.
MacroFab's shipments were up 275% year-over-year, as more companies moved their electronics production to North America. The company has doubled its workforce and opened a new facility in Mexico to help customers manage inventory and reduce the impact of tariffs. As reshoring momentum increases, MacroFab is well positioned at the forefront of enabling companies to overhaul their global supply chains and modernize their electronics manufacturing.
The platform MacroFab helps manage electronics manufacturing and provides customers with visibility into their production. Access to real-time supply chain and inventory data puts its customers in control and is key to MacroFab's achieving the best customer satisfaction rates in the industry, with Net Promoter Scores (NPS) remaining above 50 even during historic supply chain disruptions.