
Mobius Materials
Mobius Materials | Certified Preowned Electronic Parts.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | $75.0k | Grant | |
Total Funding | 000k |
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Mobius Materials operates as a B2B marketplace, primarily serving hardware manufacturers. The company's primary function is to help manufacturers save significantly on parts by matching them with sellers who have excess stock. This model allows manufacturers to get discounts ranging from 10% to 70% on common parts by purchasing preowned components.
The company also provides a solution to the shortage in the market by giving manufacturers access to rare stock that other hardware manufacturers have stockpiled. This is particularly important given the booming semiconductor counterfeit industry, which is valued at $25B annually. Mobius Materials ensures that the parts sourced from its platform are tested and authentic, providing a safe alternative to the risky semiconductor gray market.
The business model of Mobius Materials is centered around the concept of a circular economy, which promotes the use of preowned parts to reduce waste and promote sustainability. This is particularly relevant in the current climate of silicon shortage, where the company's model could potentially help alleviate the problem while promoting environmental sustainability.
The company, led by founder and CEO Margaret Upshur, is based in Virginia and has been recognized for its environmentally-focused approach. It addresses what Upshur describes as an "underground $15 billion problem" in the hardware manufacturing industry.
Keywords: B2B marketplace, hardware manufacturers, excess stock, preowned parts, semiconductor counterfeit industry, tested and authentic parts, circular economy, silicon shortage, environmentally-focused, Virginia-based.