Smart Molding International 2-2023

40 smart_molding international 2/2023 additive manufacturing Decentral manufacturing and digital inventory startup Replique spins off from BASF incubator and closes financing round • Replique provides a secure digital platform for on-demand industrial parts serving the OEM market • A seed round was successfully closed led by early-stage investor STS Ventures • BASF confirms their support by additional funding through Chemovator for this round R eplique, a digital manufacturing startup, spins off from Chemo- vator, the business incubator of BASF, and successfully closes a late seed round to further build its busi- ness. The funding round was led by STS Ventures, a leading digital tech- nology investor. Replique provides the first fully encrypted 3D printing platform that makes spare part man- agement and the production of small series more sustainable. Replique secures seed funding round with strategic experts and accelerators STS Ventures led the funding round as experienced early-stage investor. However, with their managing partner Stephan Schubert – former founder and managing director of Onvista until its spin-off in 2007 – STS Ventures also brings valuable entrepreneurial mindset and experience to the table and will be a great support for Replique's path to a strong profitable business. “We see a lot of startups with promising ideas, but Replique stood out to us as a game-changer in the manufacturing industry. Their innovative industrial 3D printing platform has the potential to disrupt the industry and we are excited to support their growth and expansion in the future. Besides the right solution, Replique also brings the right mind-set and an excellent team to the table”, says Oliver Kaul, partner at STS Ventures. Angel investors chameleon GmbH and R3 consulting & investment GmbH round up the late seed funding, with great experience in machinery and data business. "We're thrilled to have successfully spun off from Chemovator and to have secured ourselves the support