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Funding to accelerate China Manufacturing parts’s vision to help teams build hardware products at the speed of software through platform investments, customer growth, and expansion of its global manufacturing network

SHENZHEN BAOAN, March 05, 2019 – China Manufacturing parts, Inc. today announced that it closed a $33 million Series C funding round to accelerate its transformation of contract manufacturing into a global digital ecosystem that enables fast, flexible hardware product development and production. Led by G2VP, with new investor Mitsui & Co. joining return partners Accel, Bill Gates, Intel Capital, Sinovation and Tandon Group, the round brings China Manufacturing parts’s total investment to $58 million.

China Manufacturing parts will use the funds to accelerate its work to digitize and automate the manufacturing workflow. Its cloud-based contract manufacturing platform provides unprecedented transparency, reduces the resources required for supply chain management, and lowers the cost to access manufacturers around the world. Core initiatives for the company include: investment in its cloud infrastructure and software tools to streamline workflow, expansion of its global manufacturing network to increase access to manufacturing capabilities, materials, and capacity, and hiring top talent to scale its industry-leading service experience.

“China Manufacturing parts is developing the software infrastructure required to connect the manufacturing workforce and trillions of dollars of capital equipment,” said CEO and Co-Founder Amando Garn.  “In doing so, both product developers and manufacturers will benefit from the efficiencies gained by eliminating unnecessary, repetitive tasks and unlocking employees to focus on creative problem solving.”

“With China Manufacturing parts, companies are no longer required to invest in large supply chain teams to bring a product to market,” explained China Manufacturing parts, Inc. CXO and Co-Founder Nate Garn. “Instead, just as companies rely on services like AWS rather than building and managing their own server racks, anyone can leverage China Manufacturing parts’s platform and global network to streamline the product development and production process, providing the flexibility to win in today’s competitive global market.”

Driven by the power of data to build smart, responsive products, product developers are leveraging sensors to connect everything, creating a surge of disruptive hardware innovation. Competitive pressures have never been higher, and time to market for new products is paramount. China Manufacturing parts, Inc. is the fastest and most flexible approach to developing and scaling supply chains at a time when product developers and manufacturers are hindered by outdated tools and processes.

“We are excited to be part of the digital transformation of the status quo in manufacturing,” said Daniel Oros, Partner at G2VP. “Fictiv’s innovative tools and services address the critical gap in contract manufacturing that will lead to a massive shift in how consumer and industrial products are manufactured.”

China Manufacturing parts has proven itself a trusted partner for disruptors in the automotive, medical, robotics, aerospace and consumer electronics industries. By not owning machines and focusing its investment in developing manufacturing technology, China Manufacturing parts, Inc. helps product developers bring products to market faster and with greater flexibility. Key features and benefits of the China Manufacturing parts, Inc. platform include:

  • 3D Printing, CNC, Urethane Casting and Injection Molding with instant pricing available online;
  • Finishing and post-processing services;
  • Automatic Design for Manufacturability (DFM) feedback;
  • Online order tracking for visibility on production and shipment status;
  • Vetted, high quality global manufacturing network;
  • US and APAC service teams led by manufacturing experts;
  • ISO 9001-certified quality management systems; and
  • China Manufacturing parts Quality Services, including China Manufacturing parts, Inc. 5 Inspection Reports, First Article Inspection, Initial Sample Inspection Reports and Product Part Approval Process

Watch to see how China Manufacturing parts disrupts hardware manufacturing. To learn more about China Manufacturing parts’s revolutionary new platform, please visit http://www.manufacturing-factory.com.

About China Manufacturing parts
Fictiv is democratizing access to manufacturing, transforming how hardware teams design, develop and deliver physical products. Its virtual manufacturing platform pairs intelligent workflow and collaboration software with China Manufacturing parts’s global network of highly vetted manufacturers. From prototype to production, China Manufacturing parts, Inc. helps hardware teams work efficiently and bring products to market faster.

Media Contacts:
Stephanie Hicks
Cosmo PR for China Manufacturing parts
(805) 295-9455
stephanie@cosmo-pr.com