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.
Subscribe to Our Email Newsletter
Stay up-to-date on all the latest news from the 3D printing industry and receive information and offers from third party vendors.
You May Also Like
3D Printing News Unpeeled: Solenoids, Hydrogel Buildings and Missiles
Malgorzata A. Zboinska and others at Chalmers University of Technology and the Wallenberg Wood Science Center have managed to 3D print a hydrogel made of alginate and nano-cellulose. They hope...
3DXTECH Launches “Pellet to Part” Program for 3D Printing Materials
Always looking to shake up the material extrusion segment of 3D printing, Michigan-based 3DXTECH has introduced a novel initiative named the “Pellet to Part” program. To further drive collaboration with...
Interview: NAGASE Facilitates AM Adoption with EMPOWR3D 3D Printing Brand
The additive manufacturing (AM) market is entering a new phase in which large companies from outside of the segment have entered and begun consolidating. In reality, this trend has been...
Printing Money Episode 15: 3D Printing Markets & Deals, with AM Research and AMPOWER
Printing Money returns with Episode 15! This month, NewCap Partners‘ Danny Piper is joined by Scott Dunham, Executive Vice President of Research at Additive Manufacturing (AM) Research, and Matthias Schmidt-Lehr,...
Upload your 3D Models and get them printed quickly and efficiently.