When was Makeblock founded?

Makeblock was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is Makeblock located?

Makeblock is headquartered in Shenzhen, China.

Is Makeblock a funded company?

Makeblock is a funded company, having raised a total of $80.5M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 30, 2012.

When was the latest funding round of Makeblock?

Makeblock's latest funding was a $***** Series C round on Aug 30, 2018, with participation from 5 investors.

Where does Makeblock rank among its competitors?

Makeblock ranks 5th amongst 249 active competitors, of which 36 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Avishkaar, which secured $105K in May, 2023.

Who are the top competitors of Makeblock?

Makeblock's top competitors include Shape Robotics, Robo Wunderkind and Luxrobo. Among them, Avishkaar secured the most recent funding round in May, 2023.

Makeblock - 2026 Company Profile, Team, Funding & Competitors

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. The company has 249 active competitors, including 36 funded and 8 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/
Social
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

Series C, Aug 30, 2018, $*****

Investors

Shenzhen Capital Group & 12 more

Ranked

5^th among 249 active competitors

Similar Companies

Shape Robotics & 229 more

View Makeblock's full profile

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 30, 2018	4029865	Series C	9958878	6477589	6999418	3235976
Mar 16, 2017	5729599	Series B	2880128	8491387	1476512	8340092
Apr 10, 2014	6032981	Series A	7360583	8581517	4000097	Sequoia Capital

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View details of Makeblock's funding rounds and investors

The 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

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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:

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	Syddansk Innovation, Danske Bank & 3 others	67/100
2nd	Robo Wunderkind 2013, Vienna (Austria), Series A	Smartphone controlled robotic device for kids to learn coding and robotics	$1.7M	HAX, Austria Wirtschaftsservice & 6 others	61/100
3rd	Luxrobo 2014, Seoul (South Korea), Series A	Robot based DIY kit provider for code learning	$4.86M	Kakao, Hanwha & 13 others	57/100
4th	VEX Robotics 2004, Dallas (United States), Unfunded	Developer of educational robots for Institutions	-	-	56/100
5th	Makeblock 2011, Shenzhen (China), Series C	Robotic kits to learn coding	$80.5M	Evolution Media, Guangzhou Yuexiu Industrial Investment Fund Management ... & 11 others	52/100
6th	WitBlox 2017, Navi Mumbai (India), Seed	Retailer of modular electronics, robotics, and coding kits for education	$221K	Mumbai Angels, AmbujaNeotia & 21 others	51/100
7th	DFRobot 2009, Shanghai (China), Series B	Opensource hardware and robotics manufacturer	-	Walden International, SPSP Venture Capital ... & 3 others	50/100
8th	Avishkaar 2010, Delhi (India), Seed	Provider of robotics, AI, and coding educational kits and courses	$1.78M	Auxano, Mumbai Angels & 88 others	48/100
9th	BirdBrain Technologies 2010, Pittsburgh (United States), Acquired	STEM, robotics, and computer science solutions for engaging classrooms	-	America’s Seed Fund, Arc Capital Development ... & 1 others	48/100
10th	STEM Robo 2012, Noida (India), Seed	Developer of STEM and robotics DIY kits	$76.8K	IESA, STPI & 8 others	46/100