Factorem is Southeast Asia’s first on-demand manufacturing platform for global companies looking to get low volume custom parts from the region. Our manufacturing network includes the best CNC Machining, Sheet Metal, and 3D printing partners with capacity for any quick turnaround and volume in the region. Factorem is backed by SEEDS Capital, Blue InCube Ventures, Enterprise Singapore, NUS Enterprise and Accelerator and Iterative.
Why Iterative invested in Factorem
Getting quality parts manufactured is a painful process - especially when you need parts customized and fast. You have to deal with opaque pricing, lots of back and forth on specs, logistics issues, and oftentimes language and communication barriers since the manufacturer is not in the same country as you. Factorem solves all this by being a fully managed marketplace for companies that want custom parts manufactured with factories that have extra capacity. Being able to build and get feedback quickly was critical in majority software companies and we think it’s not long before the same will be solved for hardware.