Wikifactory announced securing $3M more, part of a total of $4.5 million raised in pre-seed funding.

Wikifactory, a Madrid, Spain-based developer of a platform for hardware producer, announced that it raised $3 million in its latest funding round.

The money brings the total funding received by the start-up to $4.5 million and was provided by undisclosed impact investors across Europe and the U.S.

With the funding, Wikifactory plans to build a web-based quality-assured manufacturing marketplace to connect various “Big Industry” networks in one affordable and secure space. Since launching its Beta program in 2019, Wikifactory has seen more than 70,000 product developers use its platform to build robotics, electric vehicles and drones, agri-tech and energy appliances, lab equipment and 3D printers, smart furniture and biotech fashion materials, as well as medical supplies during the Covid-19 pandemic.

Wikifactory, founded in 2015 by CEO Tom Salfield, developed a software platform that connects the next generation of product developers with the tools, skills and resources to accelerate product development.

In addition to its funding announcement, the firm is also launching a new collaborative CAD tool to enable designers, engineers and manufacturers to collaborate remotely on virtually any CAD model from concept through to finished prototype. Featuring an in-built chat function, brand new annotation system, geometry explorer, and advanced visualization settings, the platform aims to open up accessibility and affordability of product lifecycle management (PLM) within the additive manufacturing industry.