Manufactured Raises $13M in Debt and Equity Funding
- Manufactured (MFD), a Culver City, CA-based manufacturing, finance and distribution company, raised $13m in debt and equity funding
- The backers were Tenacity Venture Capital and TriplePoint Capital
- The company, which has raised $16m in total funding, intends to use the funds to expand its inventory financing solution for consumer brands
- The company helps companies source, finance and manage inventory across 20 industries and 25 countries to simplify the cycle for businesses of all sizes and industries
- Companies can scale their manufacturing, lower unit costs, optimize supply chains and allocate capital efficiently
- MFD leverages their vendor network to serve over $600 billion of additional demand in industry verticals like healthcare, food, and lifestyle products
