Replique expands seed round funding

Replique, an industrial 3D printing platform, has expanded its seed funding round following its seed funding in May 2023. Lead investor STS Ventures, renowned for their expertise in early-stage B2B startups, and all other investors have increased funding in Reply.

“We are very optimistic about the future of Replique. Strong client growth and continued platform expansion across both function and region demonstrates the team’s commitment and the value they bring to clients. The company has successfully converted numerous proof-of-concept projects into serial applications with its customers,” said Stephan Schubert of STS Ventures.

“Seeing the progress of our portfolio company Replique is truly remarkable. The commitment and support of existing investors is an invaluable contributor to this success,” said Markus Bold, Managing Director of Chemovator, BASF’s business incubator and early-stage investor, where Replique’s journey began.

Replique enables companies to move from physical to digital inventory and supplies industrial-grade parts through a secure network of over 100 manufacturing partners. Over the past months, through numerous customer projects, the company has demonstrated the added value that the solution creates for efficient and flexible manufacturing of spare parts, small series and high-performance parts. Leading companies such as Alstom, BASF, Miele, Danfoss, MAN and more than 80 others trust Replique to deliver parts on demand.

With the expanded funding, Replique will invest in the development of new platform modules to further automate and expand 3D printing services. In addition, Replique plans to increase its network of skilled manufacturing partners globally to meet strong demand for on-demand industrial parts. The company aims to deepen its integration with existing business systems, making it easier for companies of all sizes to take advantage of the benefits of on-demand 3D printing.

“We are delighted with the continued trust and additional funding from our proven investors,” said Max Siebert, CEO and co-founder of Replique. “The excellent relationship with our investors and their additional resources will allow us to fully focus on our core business. This seed extension allows us to further develop the structures needed to efficiently handle the increasing number of large orders in the future, ultimately accelerating our growth and delivering even more value to our customers.”