AMufacture secures £1.1m from Maven Capital Partners to scale operations
Maven Capital Partners led the seed round to help the manufacturer expand its capacity and meet increasing market demand.
AMufacture is a contract manufacturer providing additive manufacturing, 3D printing, and design services to sectors such as marine, automotive, and healthcare. The company operates a digital warehouse platform that supports end-to-end production workflows from prototyping to volume manufacturing.
AMufacture has secured £1.1m in a seed investment round led by Maven Capital Partners. The funding will be used to scale operations and acquire additional 3D printing technology to meet growing market demand for the company services.
Based in Fareham, the business offers end-to-end additive manufacturing, computer-aided design, and composite tooling solutions. The transaction marks the eighth new investment made by the Maven VCTs during 2023 across growing sectors.
From the founder
"Partnering with Maven will enable AMufacture to consolidate our industry leading contract manufacturing position specialising in additive manufacturing. It is not often that you encounter an investor that shares the vision and ambitions that align with your own but Maven understood our mission from day one. This capital and support from Maven means we now have the resources to expand our capacity and meet our significant demand and growing order book. Additive manufacturing is transforming the way parts are designed and made and with increased market acceptance, we are excited to be at the forefront delivering that change."
Craig Pyser
Co-founder and CEO at AMufacture
Investor perspective
"AMufacture provides a differentiated, service-led proposition in an expanding market and the demand from new and existing customers sets out a clear pathway to growth. Capital constraints are often at the heart of ambitious companies not fulfilling their potential, but we are confident that our investment to help the business increase its scope and capabilities, alongside the strong management team with extensive sector experience, will help AMufacture achieve significant revenue scale."
Jonathan Oliver
Investment Manager, Maven Capital Partners
Use of funds
- 01Scale operations
Investors
Categories
About the company
AMufacture
AMufacture provides contract manufacturing and 3D printing services for various industries.