Manufacturing startup Zetwerk eyes global expansion, raises $150 mn

The firm aims to grow its revenue by four times in 2021-22, based on a strong order book of Rs 5000 crore

Zetwerk, the world’s largest custom manufacturing platform, on Monday said that it has raised $150 million in an equity round led by New York-based D1 Capital Partners. New investors Avenir and IIFL also participated in the round, along with existing investors Greenoaks Capital, Lightspeed Venture Partners, Sequoia Capital and Accel Partners.

The latest round values Zetwerk at $1.33 billion, making it one of the fastest-growing digital manufacturing companies in the world, having raised its seed funding round only three years ago in August 2018. The round also makes it the newest member of the coveted unicorn club. Zetwerk had completed