![]() ![]() Replique is already the fifth startup to spin-off from Chemovator. "We look forward to working closely together to achieve our goal of becoming the world's greatest digital inventory for on-demand parts." Henrike Wonneberger, co-founder of Replique. "We're thrilled to have successfully spun off from Chemovator and to have secured ourselves the support of such prominent investors, who have a strong experience in scaling start-ups and bring the strategic expertise to internationalize our business in an efficient way", says Dr. Besides the right solution, Replique also brings the right mindset and an excellent team to the table", says Oliver Kaul, partner at STS Ventures.Īngel investors Chameleon GmbH and R3 consulting & investment GmbH round up the late seed funding, with great experience in machinery and data business. Their innovative industrial 3D printing platform has the potential to disrupt the industry and we are excited to support their growth and expansion in the future. "We see a lot of startups with promising ideas, but Replique stood out to us as a game-changer in the manufacturing industry. However, with their managing partner Stephan Schubert – former founder and managing director of Onvista until its spin-off in 2007 – STS Ventures also brings valuable entrepreneurial mindset and experience to the table and will be a great support for Replique's path to a strong profitable business. STS Ventures led the funding round as experienced early-stage investor. Replique secures seed funding round with strategic experts and accelerators The funding round was led by STS Ventures, a leading digital technology investor. Replique provides the first fully encrypted 3D printing platform that makes spare part management and the production of small series more sustainable. MANNHEIM, Germany, J/PRNewswire/ - Replique, a digital manufacturing startup, spins off from Chemovator, the business incubator of BASF, and successfully closes a late seed round to further build its business. BASF confirms their support by additional funding through Chemovator for this round.A seed round was successfully closed led by early-stage investor STS Ventures.Replique provides a secure digital platform for on-demand industrial parts serving the OEM market. ![]() Now having more of an idea of what both have to offer, determining which is a better match for you will be easier. ![]() It’s a highly competitive selection, and the space is limited compared to the number of people aspiring to start their own businesses. With both the incubator and accelerator programs, there is an application process and possible interview to follow up when deciding who will be accepted. It’s more intensive, with a time frame of only three to six months. An accelerator program provides a much more fast-paced route. Incubators offer a slower, steady timeline, commonly taking one to five years. At the same time, accelerators provide you with a seed investment. Who will receive seed funding? Typically you won’t receive funding for your venture through a startup incubator.These are for those that already have a minimum viable product and would like to speed up the growth of their existing business. What stage of the venture are you at? Business incubators are for those in the product development phase and need a developed business model.Now what are some of the differences between the two? There are three key differences which include: Still, it can get funded through public organizations as well. ![]() More often than not, a startup accelerator receives funding from private organizations. Hence, they can scale up in a short period of time. Through an accelerator program, businesses that already have a solid foundation receive seed investments, guidance, and other resources. Typically, incubator programs are sponsored by educational organizations like universities or other nonprofit organizations.Īccelerators’ primary focus is to expedite the growth of an existing company. Incubators provide early-stage startups with valuable resources such as free office space, mentorship, collaboration, and networking opportunities. As an entrepreneur, you’ve probably heard of the terms startup incubator and startup accelerator, but do you really know the difference between the two? Because while it is true that they are very similar and offer some of the same benefits, there are definitely some key differences between the two.īefore determining which one may be appropriate for you, depending upon what stage you are in at this moment, it would be wise to gain a better understanding of what each has to offer first.Īn incubator’s focus is to help brand new companies that still need to develop a product. ![]()
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