2023-06-21 19:23:25
German startup Replique has successfully closed a new investment round. Two other investors have been attracted under the leadership of STS Ventures: Chameleon GmbH and R3 consulting & investment GmbH. These new investments enable Replique to successfully break away from Chemovator, BASF’s incubator platform. The chemical group also makes extra funding available through the incubator fund.
“We are pleased to have successfully spun off from Chemovator and to have gained the support of such prominent investors, who have deep experience in scaling startups and bring the strategic expertise to efficiently internationalize our business.” says Henrike Wonneberger, co-founder of Replique. The goal is now to become the world’s largest digital inventory for on-demand parts.
Replique has a network of 80 certified 3D printing farms
From left to right: Oliver Kaul (STS Ventures), Max Siebert and Henrike Wonneberger (Replique) and Markus Bold (Chemovator).
On-demand 3D printen
Because that’s what the software of the German company is all regarding. Replique offers a fully encrypted 3D printing platform for managing digital stocks of spare parts and printing them on-demand. Replique supplies these parts to customers on demand through a network of more than 80 certified print farms around the world. The secure platform can be easily integrated into existing business software systems, such as ERP systems and webshops. This allows B2B companies such as Alstom to use 3D printing in a smooth and seamless supply chain process and B2C companies such as Miele and Siena Garden to offer 3D printed parts to their customers.
Parts management for the 21st century
Max Siebert, co-founder of Replica: “Our platform is designed to bring parts management into the 21st century and our approach has already proven its worth.” Replique is now focusing on expanding its reach and acquiring new customers in various industries. With the proceeds of the investment round, the company wants to expand the platform with new functions and invest in personnel.
Disruptive
Oliver Kaul, partner at the investment fund STS Ventures, says that with the industrial 3D printing platform, Replique has the potential to disrupt the industry. “We see a lot of startups with promising ideas, but Replique stood out to us as a game-changer in the manufacturing industry.” Although Replique is the 5th successful spin-off from the incubator platform, it continues to maintain close ties with BASF. The chemical group is both a customer and a supplier through its subsidiary BASF 3D Printing Solutions.
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