4 years ago
Geomiq Secures €3.3 Million Seed Funding to Expand B2B Manufacturing Platform
Geomiq, a UK-based B2B manufacturing platform, has raised €3.3 million in a seed round led by Samaipata, Sova VC, Fuel Ventures, Tekton Ventures, and Eka Ventures
The platform connects engineers with manufacturers, streamlining the manufacturing process from quote to delivery
Geomiq has delivered over 3x year-on-year growth and has successfully fulfilled over 5 million parts throughout the UK and Europe
The company is trusted by more than 3,000 companies globally, including industry-leading brands such as GE, BMW, Transport for London, and Brompton Bikes
The funds raised will be used to bolster Geomiq’s UK manufacturing base, enhance its core product development teams, and expand its marketing activities.
ProblemManufacturing
"Many businesses, especially small and medium-sized enterprises (SMEs), struggle to find reliable and high-quality manufacturers for their custom parts, often facing opaque pricing, long lead times, and communication barriers."
Solution
"Geomiq provides a digital platform that connects businesses with a vetted network of manufacturers, streamlining the process of ordering custom parts with transparent pricing, reliable communication, and efficient project management."