Mfg.parts SECURES INVESMENT FROM MICHIGAN RISE
East Lansing, MI –– Mfg.parts, a Grand Rapids-based software company developing a collaborative manufacturing design platform, has secured an investment from Michigan Rise Pre-Seed Fund III.
“The best product development teams in the world rely on tight collaboration with their manufacturing partners,” said Joel Dodich, ex-Apple iPhone manufacturing engineer and CEO of mfg.parts. “Unfortunately, that collaboration has been through email for the last 20+ years. Our platform is killing email-driven product development, one feature at a time!”
The mfg.parts platform links product development teams to engineering data and facilitates seamless collaboration with manufacturing partners, covering the entire process from the first prototype to the start of production. It centralizes design and manufacturing discussions for customers, freeing up experts to concentrate on solving technical issues rather than searching for information.
“With scattered communications, keeping track of requirements, quotes and feedback can be difficult for the manufacturer and engineers,” said Calvin VanderWal, Venture Associate at Michigan Rise. “Mfg.parts has redefined the product development experience with software that seamlessly integrates engineering teams with their manufacturing partners.”
The funds from this investment round will support critical hires for product design, marketing efforts, and acquiring revenue-generating users. These activities will enable advanced artificial intelligence and machine learning features on the platform.
About Michigan Rise
Michigan Rise is a wholly owned venture capital subsidiary of the Michigan State University (MSU) Research Foundation, operated in partnership with the Michigan Economic Development Corporation (MEDC). Michigan Rise provides early-stage funding to innovative companies that have the potential to transform industries and create jobs in Michigan.
About Mfg.parts
Mfg.parts is the central hub for product development teams and their manufacturing partners to iterate and collaborate — from prototype through production approval.