Factorem

Factorem

Custom part procurement solution reducing waste and encouraging usage of sustainable materials

Company Details

Location
Singapore, Singapore
Founded
2020
Employees
11-25
Funding
USD $1M-$5M

Management Team

Alexandra Zhang avatar

Alexandra Zhang

Co-founder & CEO

Hardik Dobariya avatar

Hardik Dobariya

Co-Founder & Chief Product Officer

Learn more

About Factorem

The Problem:

Sourcing custom parts can be slow, inefficient, and may lead to mistakes like picking the wrong materials or manufacturing processes. Meanwhile, 40% of machine shop capacity is unused and many machine shops lack the resources to grow their sales and scale their operations.

The Solution:

Factorem combines on-demand production and a localized supply chain network into one technology platform to significantly cut idle factory capacity and resource waste. Our advanced technology enhances machine shop efficiency and utilization rates, while promoting sustainable manufacturing practices such as 3D printing and the use of eco-friendly materials, reducing environmental impact.

The Differentiator:

In-house AI to quickly spot manufacturing defects, and recommending optimal processes and materials for manufacturing in South East Asia in a matter of seconds.

Biggest Achievement:

300% Year-on-Year Sales Growth