SeekMake, a Tunisian construction technology startup, has raised $539,000 from Lafayette Group to support its international expansion plans.
This investment is notable not only for its monetary value, but also because it is Lafayette Group's first investment in a Tunisian or foreign startup.
Founded in 2018 by Adel Ayari and Zino Adidi, SeekMake is a digital platform that matches clients with construction and manufacturing companies across 40 countries. It allows for rapid concept generation and subsequent delivery of finished products.
The startup says it provides several long-lasting, strong, and affordable materials. Aside from expanding into new markets, it has also experienced internal growth. Its team grew from four to thirty employees in just eight months.
The startup is a go-between for manufacturers and consumers, streamlining the manufacturing process, cutting costs, and accelerating part production by days. It offers several manufacturing options, including Computer Numerical Control (CNC) machining, sheet metal fabrication, 3D printing, laser cutting, and engraving.
SeekMake has reached several milestones, including establishing partnerships with 72 manufacturers, expanding into 40 countries, and amassing a user and manufacturer base of over 10,000.
SeekMake already boasts a diverse client base in Tunisia, the United States, and Australia. The company plans to use the new funds to expand into new markets, primarily in France and Germany, because they present valuable opportunities for collaboration with major clients and partners. Besides, it has established a subsidiary in Estonia as part of its expansion strategy.