Geomiq
45 Vyner Street, London, Greater London, E2 9DQ, United Kingdom
Overview
Geomiq operates a digital platform where customers upload CAD files and machine learning matches jobs with manufacturing partners able to start production immediately. The company frames itself as manufacturing-as-a-service (MaaS), streamlining the process from quote to delivery. Founded in 2017 and based in London, its platform has connected over 3,000 unique buyers and 300 unique sellers and has overseen production of more than two million parts. Geomiq raised $8.5 million in a Series A to develop its software and accelerate digital transformation in supply chains, after a £2.9 million seed in 2021. The startup plans to expand beyond the U.K., pursuing more clients abroad and unveiling hubs in China and mainland Europe. Leadership positions the product as a response to the sector’s lagging digitisation and recent shocks to supply‑chain resilience. Geomiq operates a B2B marketplace that provides on-demand, at-scale custom parts via CNC machining, injection moulding, 3D printing, and sheet metal fabrication. Co-founded in 2016 by mechanical engineer Sam Al-Mukhtar and marketplace entrepreneur William Hoyer Millar, the platform connects engineers with manufacturers and streamlines the entire process from quote to delivery. The company has built an agile manufacturing network and tech stack aimed at addressing low-volume production challenges and pandemic-related supply-chain disruption. Geomiq operates in the low-volume manufacturing market, which the article cites as valued at $95 billion and projected to grow about 12% per annum. To date it has fulfilled 5 million part orders across Europe and serves over 3,000 customers worldwide, including GE, BMW, Transport for London, and Brompton Bikes. Investors and partners quoted in the article describe the team and product as well positioned to disrupt the broader manufacturing sector.
- Total raised
- $13M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Jul 2022
Industries
- 3D Printing
- Logistics
- Manufacturing
Recent funding
Series A
Jul 2022
$9M
Seed
Apr 2021
$4M