Adafruit will not be shipping orders Monday May 30, 2016 for the federal holiday, Memorial Day. Orders placed after 11 AM EST Friday May 27 will go out Tuesday May 31.
0

October 21, 2013 AT 12:38 pm

Tindie raising $1m on AngelList #makerbusiness

Adafruit 2208
Tindie raising $1m on AngelList.

Faster prototyping & cheaper manufacturing have allowed hardware experts to gain a hold in a market traditionally dominated by multi-national corporations. Last fall, we raised $500k in convertible notes to build a marketplace for these independent hardware companies.

Tindie now has over 4,000 customers, 1,200 products, and 300 businesses. Products include Arduino & Raspberry Pi shields, sensors, robots, 3D printers, drones and more. Our customers include Fortune 500 corporations, government agencies, universities and hobbyists.

Because of our growth, our sellers are continually running out of inventory (especially after months like August), and waiting on the completion of their next product run. We’re currently sold out of over 160 products. We are raising $1m to build the infrastructure to connect manufacturers & fulfillment businesses with our sellers. This will allow us to meet market demand while also freeing our sellers to design new products.

Currently valued at $6m – here are the investors.


Check out all the Circuit Playground Episodes! Our new kid’s show and subscribe!

Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.

Join us every Wednesday night at 8pm ET for Ask an Engineer!

Learn resistor values with Mho’s Resistance or get the best electronics calculator for engineers “Circuit Playground”Adafruit’s Apps!


Maker Business — “If Work Is Digital, Why Do We Still Go to the Office?”

Wearables — Stiff upper lip

Electronics — Signature required?

Biohacking — BBC Biohacking: Technology and Health

Get the only spam-free daily newsletter about wearables, running a "maker business", electronic tips and more! Subscribe at AdafruitDaily.com !



No Comments

No comments yet.

Sorry, the comment form is closed at this time.