Dragon Innovation, a manufacturing services firm, today launched a crowdfunding platform exclusively for hardware companies. Building on its foundation of providing services and support during the planning and production phases of new product development, Dragon Innovation is expanding the scope of its offering to include a crowdfunding platform. Today officially opens up the private beta period with several innovative hardware products seeking funding.
“Dragon Innovation acts as a trail guide to help navigate the decisions and drama of producing hardware,” said Bre Pettis, CEO, MakerBot. “The Dragon team helped us quickly take our manufacturing operation from hundreds to thousands.”
To continue its mission, Dragon Innovation closed a $2.3 million round of financing led by Flybridge Capital Partners and Foundry Group, with additional backing from The Box Group, Lerer Ventures and Undercurrent Ventures.
“Entrepreneurs looking to launch hardware products face a unique set of challenges throughout the product development process,” said Matt Witheiler, principal, Flybridge Capital Partners. “With years of experience in building hardware products, Scott and the Dragon team bring an understanding of the process that is a true differentiator. From planning and partnerships, to manufacturing and production, Dragon offers the first true end-to-end platform for hardware startups to successfully launch innovative new products — something I am passionate about as a seven-year veteran of the hardware space myself.”