Cloud Factory Raises €2M In Seed Funding

Cloud Factory, a Tallin, Estonia-based precious metal 3D printing company, raised €2M in Seed funding.

The round was led by Change Ventures, with participation from Superhero Capital, Artis Kehris, and Andrius Šlimas.

The company intends use the funds to expand its manufacturing capabilities and develop its online platform for product creation, order management, and integrations.

Co-founded in Tallinn, Estonia, in 2018 by Taavi Kikas (CEO), Kati Kask (COO), Marek Jõeleht (CTO) and Erik Karu, Cloud Factory is a jewellery industry company that enables celebrities like YouTubers, gamers, social media influencers and other types of merchandise brands to launch and sell their personal branded jewellery products, either as tangible products or NFTs. Cloud Factory provides a service for jewellery manufacturing, which takes care of all aspects of the process, from initial idea to drop-shipping and branding. These services include designing ideas, handling pre-orders, inventory, and drop-shipping. This allows celebrities and creative artists to focus on their work and brands.

FinSMEs

11/10/2022

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