Fictiv Joins Misumi to Accelerate Innovation and Supply Chain Transformation
Fictiv, a global supply chain technology company, recently announced an agreement to be acquired by Misumi Group Inc, a leading global supplier of mechanical components for the manufacturing industry headquartered in Japan. This acquisition represents an investment by Misumi to accelerate the emergence of manufacturing and supply chain solutions that deploy the power of AI through digitally native tools built on top of robust physical infrastructure to build real-world products in an efficient, scalable way.
“Fictiv and MISUMI share a joint vision to make access to world-class manufacturing and supply chain capabilities easier, more accessible, more intelligent, and democratized,” said Dave Evans, co-founder and CEO, Fictiv. “Giving more teams the tools to take their ideas from concept to reality will unlock innovation to fuel the advancements we want to see in the world.”
The manufacturing and supply chain industries are rapidly evolving and increasingly volatile, fueled by shifts in global tariff and trade policy, geopolitical uncertainty, logistics disruptions, and technology developments. These events are exposing traditional manufacturing and supply chain methods that are expensive, inefficient, and opaque, creating inordinate risk in building and scaling products.
Fictiv’s Global Manufacturing Supply Chain brings together AI-driven technology workflows, a world-class global manufacturing network, and teams of local manufacturing experts to simplify sourcing for custom mechanical components. To date, Fictiv has produced over 35 million commercial and prototype components for some of the world’s most innovative products across early-stage and large enterprises in the aerospace, robotics, clean energy, consumer, and automotive sectors. Customer adoption of Fictiv’s solution has grown at a rapid pace, accelerated further by the recent launch of production manufacturing solutions.
“This is an exciting moment for our company, but an even more important one for our customers, as this acquisition will enable us to turbocharge our mission to simplify sourcing,” said Nate Evans, co-founder and CXO, Fictiv. “Fictiv and Misumi bring together digital and physical infrastructure to support a full bill-of-materials, and reduce the time, cost, and risk associated with building and scaling products.”
Based in Japan, Misumi supplies mechanical components, tools, consumables, and other products to more than 318,000 companies worldwide. Customers recognize the Misumi brand for strict quality conformance, global logistics excellence, and scalability offered by digital tools and unique customization capabilities. Bringing all this to Fictiv will help make their solution even better and more scalable, benefitting customers by offering a single global platform capable of building an entire bill-of-materials with world-class speed, price, and quality.
