Manufactured Finds $13M In Debt, Equity. Culver City-based Manufactured which says it provides manufacturing, finance, and distribution for consumer brands, has raised $13M in a combination of debt and equity, the company said Thursday. According to the company, the funding came from Tenacity Venture Capital and TriplePoint Capital. The company did not say what portion of the funding was equity, and what portion was debt. The company said it has now raised $16M in total. Manufactured (MFD) is led by CEO and Founder Pranay Srinivasan. The company said its platform "eliminates inventory risk by manufacturing, financing, and distributing inventory predictably, efficiently, and affordably."

Manufactured (MFD), a Culver City, CA-based manufacturing, finance and distribution company, raised $13m in debt and equity funding. The backers were Tenacity Venture Capital and TriplePoint Capital

CULVER CITY, Calif., Sept. 1, 2022 /PRNewswire/ -- Manufactured (MFD), an end-to-end manufacturing, finance and distribution company, raised $13 million from Tenacity Venture Capital and TriplePoint Capital , bringing its total raised capital to $16 million, to expand its inventory financing solution for consumer brands. "Inventory is the most misunderstood financial asset in the world. It looks like an asset on a balance sheet but is priced like a liability," says Pranay Srinivasan, CEO and Founder of MFD. "The Manufactured platform eliminates inventory risk by manufacturing, financing, and distributing inventory predictably, efficiently, and affordably. These funds increase our ability to manage financial risk, mitigate uncertainty and boost revenue for our customers."