Makeblock - About the company
Makeblock is a series C company based in Shenzhen (China), founded in 2011 by Jasen Wang and Lech Alexander Murawski. It operates as a Robotic kits to learn coding. Makeblock has raised $80.5M in funding from investors like Shenzhen Capital Group, Langmafeng Venture Capital and GX Capital, with a current valuation of $*****. The company has 259 active competitors, including 36 funded and 9 that have exited. Its top competitors include companies like Shape Robotics, Robo Wunderkind and Luxrobo.
Company Details
Makeblock is an open source arduino robot building platform. Makeblock provides various mechanical parts and electronic modules to make a lot of designs, such as beams, plates, connectors, motors, brackets, sensors, drivers and controllers, etc. Makeblock is an integrated platform, mechanical parts of Makeblock are convenient to connect to each other, while the electronic modules works very well together with the mechanical parts. Products developed by the firm are available open source and allow easy adoption.
- Website
- www.makeblock.com/
- Email ID
- *****@makeblock.cc
Key Metrics
Founded Year
2011
Location
Shenzhen, China
Stage
Series C
Total Funding
$80.5M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 01, 2018
Investors
Ranked
6th among 259 active competitors
Employee Count
50 - 199 as on Mar 01, 2026
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Makeblock's funding and investors
Makeblock has raised a total funding of $80.5M over 5 rounds. Its first funding round was on Mar 30, 2012. Its latest funding round was a Series C round on Aug 30, 2018 for $*****. 5 investors participated in its latest round. Makeblock has 13 institutional investors.
Here is the list of recent funding rounds of Makeblock:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 30, 2018 | 1052870 | Series C | 2225300 | 7084645 | 8612604 | 5763140 |
Mar 16, 2017 | 3357236 | Series B | 6998498 | 1150840 | 4660204 | 1720131 |
Apr 10, 2014 | 4573405 | Series A | 3105023 | 1764619 | 9205235 |
View details of Makeblock's funding rounds and investors
Makeblock's founders and board of directors
Founder? Claim ProfileThe founders of Makeblock are Jasen Wang and Lech Alexander Murawski.
Here are the details of Makeblock's key team members:
- Jasen Wang: Co-Founder & CEO of Makeblock and founder of 2 other companies, NextMaker and Makeblock.
- Lech Alexander Murawski: Co-Founder of Makeblock and founder of 1 other company.
View details of Makeblock's Founder profiles and Board Members
Makeblock's employee count trend
Makeblock has 50 - 199 employees as of Mar 26. Here is Makeblock's employee count trend over the years:
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Makeblock's Competitors and alternates
Top competitors of Makeblock include Shape Robotics, Robo Wunderkind and Luxrobo. Here is the list of Top 10 competitors of Makeblock, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Shape Robotics 2015, Farum (Denmark), Public | Platform offering robots to learn STEAM subjects | $1.02M | 65/100 | |
2nd | Robo Wunderkind 2013, Vienna (Austria), Series A | Smartphone controlled robotic device for kids to learn coding and robotics | $1.7M | 61/100 | |
3rd | Luxrobo 2014, Seoul (South Korea), Series A | Robot based DIY kit provider for code learning | $4.86M | 57/100 | |
4th | VEX Robotics 2004, Dallas (United States), Unfunded | Developer of educational robots for Institutions | - | - | 55/100 |
5th | Provider of robotics, AI, and coding educational kits and courses | $1.78M | 52/100 | ||
6th | Robotic kits to learn coding | $80.5M | 49/100 | ||
7th | Opensource hardware and robotics manufacturer | - | 50/100 | ||
8th | Retailer of modular electronics, robotics, and coding kits for education | $221K | 50/100 | ||
9th | Parallax 1987, Rocklin (United States), Unfunded | Develops microcontrollers and kits for robotics | - | - | 50/100 |
10th | BirdBrain Technologies 2010, Pittsburgh (United States), Acquired | STEM, robotics, and computer science solutions for engaging classrooms | - | 48/100 |
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Makeblock's Investments and acquisitions
Makeblock has made no investments or acquisitions yet.
News related to Makeblock
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Makeblock Announces Educational Partnership with Gratnells Storage SolutionsPR Newswire•Nov 14, 2018•Makeblock, Gratnells
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