Manufacturing startup Zetwerk raises $120 mn to scale global operations

Its global network includes over 250 customers and more than 2,000 suppliers spread across 15 countries in North America, Asia-Pacific and West Asia

Manufacturing platform Zetwerk has raised $120 million in a Series D round led by US-based Greenoaks Capital and Lightspeed Venture Partners, to continue helping customers translate their digital designs into physical products via flexible manufacturing capacity from small manufacturers (SMEs). Sequoia Capital India and Kae Capital also participated in the round. The latest round brings the total equity capital raised by the company to $193 million.

Founded in 2018 by IIT alumni Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma and Vishal Chaudhary, Zetwerk is modernising the manufacturing industry using proprietary technology and project management techniques that enables growth and higher utilisation