Launched in 2013, MyMiniFactory is quite simply just a place of 3D goodness. With an expansive international community of users, they offer the world’s largest curated 3D object download platform, and give makers a spectacular venue for free downloading and 3D printing.
We’ve followed MyMiniFactory through fun and unique competitions, their launch of an innovative testing platform, and most recently also noted their highly successful massive crowdfunding campaign, still ongoing, although they have indeed already met their initial goal to raise £500,000 (approximately $767,500) via Seedrs.
While there’s a lot of excitement, enthusiasm and fun to be had regarding much of MyMiniFactory’s offerings, this is still a business; not only that, it’s big business. As the crowdfunding program kicked off, figures regarding the company’s pre-money valuation came in at £9,439,890 (approximately $14,491,000). Along with good business practices comes the proper maintenance of a board. And in line with that, the MyMiniFactory Board of Directors has welcomed Olivier Chatin as a new Non-Executive Director. Brought on board due to his “corporate governance and strategic structuration,” the hope is that he will help MyMiniFactory grow further.
He also joins new additions Nicholas Franchet, head of retail and e-commerce for Facebook, along with Colin Nunn, who has a long history of expertise in both finance and investing.
”I see the MyMiniFactory platform as defining the future of manufacturing: decentralized, designer lead and people curated. I’m excited to be part of this adventure at its infancy by joining My Mini Factory’s board of directors,” said Olivier Chatin.
As a Managing Director and Partner at Alvarez and Marsal, Chatin leads major projects in restructuring, profit improvement, and transformation. Previous to that position, Chatin was COO for BearingPoint–and previous to that, CEO of the French/Benelux region of BearingPoint.
“I’m proud to welcome Olivier to our board as he has such a broad yet in depth knowledge of industries all over Europe, in so many different sectors. We will no doubt benefit from Olivier’s 30+ years of strategic thinking, best practices and exceeding expectations,” said Sylvain Preumont, Founder and Executive chairman of MyMiniFactory.
After the crowdfunding campaign reaches its closing point, the board plans to continue with their plans to use the funds strategically by bringing in the best designers, thus offering exciting and high quality 3D designs to an already very faithful following. All of this looks to be coming together nicely for the self-professed “YouTube of 3D printing.”
Let’s hear your thoughts on yet another impressive board addition for MyMiniFactory. Discuss in the MyMiniFactory forum thread on 3DPB.com.
You May Also Like
Improvements to the BioFabrication Facility on the ISS Thanks to Lithoz
Scientific discoveries and research missions beyond Earth’s surface are quickly moving forward. Advancements in the fields of research, space medicine, life, and physical sciences, are taking advantage of the effects...
The Potential of Urea as a Construction Material on the Moon
In the recently published ‘Utilization of urea as an accessible superplasticizer on the moon for lunar geopolymer mixtures,’ researchers come together from around the world to examine new and unusual...
Virgin Orbit: 3D Printing For An Out of This World Experience
To date, a total of 565 people have gone to space. But that could change very soon as long-awaited commercial spaceflights might be launching next year. After years of delay,...
NASA Phase II STTR Grant: PADT, KSU and ASU Collaboration on Bio-inspired Structures for NASA
Phoenix Analysis & Design Technologies (PADT) will be collaborating with Arizona State University (ASU) and Kennesaw State University (KSU) in the development of stronger, more lightweight structures for space exploration. Together they have...
View our broad assortment of in house and third party products.