Foundry led a $42m Series C funding round in MacroFab.

Foundry, a venture capital firm, led a $42m Series C funding round in MacroFab, cloud manufacturing platform for building electronics from prototype to high-scale production, with participation from ATX Venture Partners, Edison Partners and BMW i Ventures. "Electronics manufacturing is moving toward resilience and flexibility to reduce supply chain disruptions. These are long term trends recognized by Foundry and BMW i Ventures, who joined this round as investors. We are in the earliest stages of repositioning the supply chain to be more localized and focused on what matters to customers most - the ability to deliver products on time, meet changing requirements and achieve a more sustainable ecological footprint. MacroFab is fundamental to building this new operating model," Misha Govshteyn, MacroFab CEO.