New investment: tindie, a marketplace for the maker generation

I’m very excited to announce Version One’s investment in Tindie, a marketplace for gadget tinkerers and the maker generation.

Many think that 2012 was the year of hardware. Today, getting a product ready for market is less risky and cheaper than ever, thanks to rapid prototyping with 3D printers, cheaper high-powered computers that can run simulations, the emerging democratization of manufacturing, and access to crowdfunding options through sites like Kickstarter and Indiegogo. But where can these designers sell the things they build?

That’s where Tindie comes in. The company wants to be a marketplace to connect the world’s small hardware businesses with customers all over the world. The site has been called the Etsy for electronics, hardware hackers, and DIY projects.

Tindie already has makers on every continent except Antarctica, with hundreds of listed products, from 3D printing kits to robots and cameras. My favourite product? Definitely the robot that plays Angry Birds.

Tindie was developed by Emile Petrone, who has worked at Urban Airship, Yelp, and Redbeacon. In April 2012, Emile posted the initial idea for Tindie on Reddit and received resounding support from the community.

This hardware revolution is still in the very early stages, and we are thrilled to be helping Emile and Julia build a marketplace that gives small hardware businesses the same distribution opportunities as the big players.

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  • http://twitter.com/expertsai Experts.AI

    That Netduino Go! Data Acquisition Module looks pretty cool too. Great investment! Looking forward to seeing that marketplace grow.

  • http://twitter.com/bwertz Boris Wertz

    Thanks – have you bought one?

  • http://www.aweissman.com aweissman

    Awesome, great investment Boris

  • http://twitter.com/bwertz Boris Wertz

    Thanks, Andy – appreciate it (and look forward to catching up in person soon)

  • http://twitter.com/expertsai Experts.AI

    No, no time for such projects at the moment. But I’ll know where to go to build my shopping list when I do have time. ;) And I’ll pass this on to any robot or wearable tech fashion hobbyists (or pros) I run into. Although, they probably will have heard of it already anyways. ;)

  • http://twitter.com/medinism Manuel Medina

    Love the thesis! Would love to meet these guys – marketplaces are hard but they seem to have very important traction.