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Zetwerk raised $70 million in a Series C funding round led by Khosla Ventures to scale its business in renewables, consumer electronics, and aerospace.

Dec 12, 2024•7 months ago

Amount Raised

$70 Million

Round Type

series c

Mumbai

Investors

Baillie GiffordRakesh GangwalKhosla Ventures

Description

Contract manufacturing startup Zetwerk has raised an additional $70 million in capital, bringing the total funding to $100 million in this round. The investment will help Zetwerk expand into new geographies and scale priority business areas.

Company Information

Company

Zetwerk

Location

Mumbai, Maharashtra, India

About

ZETWERK is a universal manufacturing network powered by new-age technology. It is transforming the world of traditional manufacturing by helping customers reduce costs, optimize suppliers and execute production faster. ZETWERK is a partner to leading players in precision parts, capital goods and consumer goods categories, offering a full spectrum of manufacturing services – from custom-made components to mass production, from quality certification to inventory and supply chain management. With a virtually unlimited range of production capacities and capabilities, ZETWERK is a universal factory for high quality production, globally competitive costs and best-in-class lead times - whatever the category, product, scale or geography. Check out the latest job openings here: https://zetwerk.skillate.com/

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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