Manufacturing

Making custom manufacturing easier across SEA and beyond

October 17, 2023
Factorem founding team (from left to right) Alexandra Zhang (co-founder and CEO) and Hardik Dobariya (co-founder and CPO). Image from Factorem 

Need a reliable manufacturer? Stop the stressful search. Check out Singapore’s Factorem, which will match you with manufacturers so you can order, track, and get custom parts all in one place! 

Launched in 2020, they’ve reported to have grown 300% in revenue YoY with clients globally. And they just raised their seed round.

  • Their network has grown from 10 factories in 2020 to 100 vetted factories across Singapore, Malaysia, Vietnam, and South Korea.

Investor check. SEEDS Capital, Blue InCube Ventures, and some angel investors joined the round!

  • The amount raised was undisclosed.  

🛒 Factorem’s got it

Say goodbye to the days when you had to order hundreds of items just to hit the minimum order quantity!

  • With Factorem, you can get custom parts ordered as little (or as much) as you want.

They also handle the process from end-to-end…from handling quotations to finding factories, to delivery.

  • Upload your CAD drawings to their platform and get quotes ASAP.
  • Using smart AI matching, they connect you with their partner factories.
  • Sit back, relax, and wait for their deliveries to roll in. (BTW, you can track your orders via their platform.)

Some more detail. Being able to order custom parts is essential (but hassle!) for businesses, especially those in the robotics biotechnology, industrial automation, and telecommunications sectors. 

  • Factorem offers sheet metal fabrication, 3D printing, CNC machining, and more.

Win-win. Factorem isn’t just great for global businesses that need parts. It’s great for SME factories too! If they join Factorem’s manufacturing network, they can maximize their spare capacity and bring on more global clients.

🌏 What’s with the $$$? 

They’ll improve their platform to speed up lead times, offer more accurate quotations, have broader coverage, and more!

  • Factorem will also boost its supply chain capacity and capabilities in key markets like Malaysia and Vietnam. 
  • They’ll also focus on expanding their global customer base. 

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