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Assemblean, a deeptech startup based in Paderborn, has just announced the successful closing of a seed funding round of €1.8 million. The round was led by b2venture and included Archimedes New Ventures and Teuto Seed Club business angels. This investment highlights the increasing confidence in Assemblean’s innovative approach to manufacturing and supply chain automation.
Assemblean is a German deeptech startup that specializes in manufacturing and supply chain automation. The company offers a comprehensive Production-as-a-Service platform that streamlines the production process for businesses.
Through the management of the coordination of producers and processes from the initial inquiry to the delivery of finished products, modules, or components, Assemblean enables companies to focus on their core competencies while ensuring efficient and high-quality production outcomes.
The leadership team comprises experts in production and supply chain management with relevant experience.
Chief Executive Officer; Dr. Xiaojun Yang: holds her Ph.D. in Engineering in supply chain management. She comes from the scenario where she formed Assemblean to simplify complexity and inefficiencies in procurement processes and coordinating with manufacturers.
Dr. Alexander Pöhler (COO): Dr. Pöhler, who holds a Ph.D. in Engineering, has knowledge in operations management and will oversee the optimization of internal processes so that service can be delivered effectively.
Markus Dalecki (CSO): He is the Chief Sales Officer in charge of designing sales strategies, which will improve Assemblean’s market expansion. He also has vast business development experience.
Funding Details
The seed funding round of €1.8 million was led by b2venture, a venture capital firm that invests in innovative technology startups. Additional participation came from Archimedes New Ventures and Teuto Seed Club business angels, reflecting a strong belief in Assemblean’s vision and potential to disrupt the traditional manufacturing sector.
Market Context
The global contract manufacturing market is rated at around €2.4 trillion, creating significant value for companies that can offer efficient and scalable production solutions. Traditional manufacturing processes are often marred by complicated coordination involving multiple suppliers and manufacturers, making them less efficient and significantly more costly.
The Production-as-a-Service model of Assemblean deals with these challenges by offering a centralized platform that handles all the phases of production, from inquiry to delivery. This reduces the complexity in manufacturing and adds transparency and speed to the supply chain.
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Product Offerings from Assemblean
Assemblean’s solution provides a broad set of services that help manufacture and manage the supply chain processes:
Comprehensive Production Management. The platform addresses all aspects of production, which include manufacturing, surface processing, component assembly, and logistics to provide clients with a single contact point for all their production requirements.
- Quality Assurance: Assemblean is committed to product and service quality because it believes that this is the only way to satisfy the customer and gain their trust.
- Streamlined Procurement: Due to the control of coordination on producer processes and a push from the coordinating means, Assemblean streamlines procurement processes, thereby eliminating unnecessary tasks of managing and coordinating multiple suppliers and allowing focus on core business operations.
Future Plans
With the newly acquired funding, Assemblean plans to strengthen its platform’s capabilities, improve its service offering, and scale its operations to a bigger clientele. The company aims to become a top Production-as-a-Service solutions provider while utilizing its platform to make business production processes as seamless and efficient as possible for businesses across all industries.
