Supply chain data company Makersite announced that it has raised €60 million (USD$70 million) in a series B financing round, with proceeds aimed at enhancing its platform enabling manufacturers to make greener, safer and more affordable products.
Founded in 2018, Stuttgart, Germany-based Makersite provides Product Lifecycle Intelligence solutions aimed at enabling manufacturers to gain a deeper understanding of what is in their supply chains, allowing them to make informed and sustainable decisions throughout the product design process. The company’s AI-powered software creates a digital twin of manufactured products, enabling users to measure impacts, and to identify optimal mitigation strategies and new sourcing opportunities, to develop more compliant, safer, cost-effective, and environmentally friendly products.
The company said that the new financing comes as demand builds from companies looking to tackle supply chain emissions, manage costs, and meet new regulatory standards while enhancing supply chain resilience. Makersite said that its solutions have helped Microsoft to reduce the carbon footprint of its Surface Pro 10 laptop by up to 28%, and that Schneider Electric will use the platform to scale EPD and eco-design across a portfolio of more than 200,000 SKUs.
Neil D’Souza, CEO and Founder of Makersite, said:
“This investment marks a critical milestone in our mission to make sustainable product design the default. Securing this level of commitment—especially in today’s uncertain economic and geopolitical environment—demonstrates the strength of our business case and the urgency of our mission. The funding will allow us to accelerate platform development, deepen integration with our technology partners, and scale our impact globally.”
The financing round was led by Lightrock and Partech, with participation by Schneider Electric’s venture capital fund SE Ventures, as well as existing investors Hitachi Ventures, KOMPAS VC, Translink Capital, and Planet A.
Chris Steinau, Partner at Lightrock, said:
“Our commitment to Makersite reflects our strong confidence in their vision and their unique approach—treating sustainability as a balanced trade-off between cost, safety, and environmental performance, rather than simply a ‘green’ checkbox. Makersite’s outstanding technology and clear market traction position them as a future leader in helping manufacturers navigate today’s complex challenges and deliver real, measurable impact.”