Fabrication Bazar Secures $3 Million in Funding, Expands to Global Markets

Manufacturing tech startup Fabrication Bazar has raised $3 million in a funding round led by Physis Capital. The funds will help enhance their tech platform, expand geographically to GCC and SE Asia markets, and hire leadership. The round also saw investments from ICMG and Inflection Point Ventures.

Manufacturing tech startup Fabrication Bazar has successfully raised $3 million in a funding round spearheaded by Physis Capital. This substantial injection of capital, which includes part debt, aims to boost the company's tech platform to support its growing scale, extend its geographic presence beyond India to regions such as GCC and Southeast Asia, and hire new leadership, according to a company statement.

Additional investment came from Japan-based venture capital ICMG and existing backer, Inflection Point Ventures.

Another highlight in the funding arena, AI-first marketing platform just words secured $1.7 million in a round led by Peak XV Partners and Y Combinator. This funding will aid in team expansion and further growth of their AI capabilities. Just words enables businesses to deliver personalized, effective messaging at scale, a demand driven by its innovative AI-powered content optimization. ''With this funding, we will invest in expanding our AI capabilities and building a world-class team to meet the growing demand for personalised messaging solutions,'' stated co-founder and CEO Neha Mittal.

Furthermore, deeptech startup DeepMatrix raised $1.6 million in a funding round led by YourNest and Arali Ventures. The fresh capital will enhance its product offerings and expand its geographical footprint. CEO Naresh Soni highlighted the increased demand for breakthrough innovative solutions to solve customer problems, particularly in developed markets like the US, Australia, and Europe.

(With inputs from agencies.)