Manufacturing startup Zetwerk's valuation tops $1 bn, joins unicorn club

The firm has raised $150 mn in a Series E funding round led by D1 Capital Partners

Global manufacturing platform Zetwerk has raised $150 million in a Series E funding round led by D1 Capital Partners. The investment has taken the valuation of the firm to over $1 billion, making it the newest member of the coveted unicorn club, according to industry sources.

This is the second fundraise for the Bengaluru-based company in 2021. In February, Zetwerk raised $120 million in a Series D round led by US-based Greenoaks Capital and Lightspeed Venture Partners, to continue helping customers translate their digital designs into physical products via flexible manufacturing capacity from small manufacturers (SMEs). Sequoia Capital India and Kae