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Fictiv — Digital Manufacturing Platforms · fobi

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Fictiv

Acquired by MISUMI Group · 2025 · $350M

Fictiv runs a digital manufacturing ecosystem for rapid prototyping and production through a vetted network of global fabricators. Raised ~$193M total. Acquired by MISUMI Group for $350M (closed June 17, 2025). Founder Dave Evans named President of MISUMI Americas.

Fictiv brought supply-chain software and quality control to distributed manufacturing, serving high-growth hardware startups.

fictiv.com Digital Manufacturing PlatformsUSAacquired

At a glance

Total raised

$192.6M

last round series e

Headcount

201-500

approximate · public range

Headquarters

San Francisco

USA

Founded

2013

13 years active

Status

Acquired

by MISUMI Group

Subsector

Digital Manufacturing Platforms

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Date	Stage	Amount	Valuation	Lead investors
May 5, 2022	Series E	$100M	—	Activate Capital
Feb 17, 2021	Series D	$35M	—	40 North Ventures

AI bull / bear

Bull case

Fictiv enters its MISUMI era with the two things standalone digital-manufacturing platforms never had: a profitable global industrial parent and distribution at catalog scale. The $350M acquisition closed June 17, 2025, and MISUMI gains a cloud quote-to-order platform spanning CNC machining, injection molding, 3D printing, sheet metal, and casting across a vetted global fabricator network — with instant quoting, real-time tracking, virtual inspection photos, and AI-driven scheduling that traditional distributors cannot match. Founder Dave Evans was named President of MISUMI Americas, keeping the platform's architect inside the tent with a bigger mandate. The 2025 expansion into mechanical and electromechanical assembly and precision welding moves Fictiv up the value chain from parts into turnkey sub-assembly programs, and the macro runs in its favor: reshoring and supply-chain diversification reward exactly this kind of software-orchestrated, multi-region manufacturing network.

Bear case

The exit price is the verdict on the standalone thesis: $350M for a company that raised roughly $193M over a decade is a modest outcome, not a triumph, and it reflects the gravity every digital-manufacturing marketplace fights — thin margins between customer and job shop, quality variance across third-party fabricators, and customers who go direct once volumes stabilize. Public comparable Xometry shows how grinding the economics remain even at scale. Inside MISUMI the risks invert: integration friction, startup attrition, and the pull of the parent's catalog business can slow product velocity, while Dave Evans now runs all of MISUMI Americas — a promotion that dilutes founder attention precisely when the platform needs it. Competitors from Protolabs to in-house procurement software keep pressing, and prototype-stage demand, Fictiv's historic wedge, swings with hardware startup funding cycles. Acquired platforms in industrial distribution have a long history of becoming features of the parent rather than businesses of their own.

Generated by editorial-sourced · June 12, 2026Refreshes quarterly · see disclosures

Fictiv

At a glance

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Funding history

How they make money

Founder backgrounds

Dave Evans

Nate Evans

AI bull / bear

In the news

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Leadership

Products

Fictiv Digital Manufacturing Platform

Fictiv Assembly & Precision Welding Services

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