SIMPLICITY WORKS

CHANGING HOW THE WORLD WALKS

General Information
Company Name
SIMPLICITY WORKS
Founded Year
2011
Location (Offices)
Spain +1
Founders / Decision Makers
Number of Employees
21
Industries
Manufacturing
Funding Stage
Grant
Social Media

SIMPLICITY WORKS - Company Profile

Simplicity Works is a manufacturing startup based in Spain, founded in 2011, with the slogan "CHANGING HOW THE WORLD WALKS." The company has developed a patented technology called 3D Bonding, which revolutionizes the process of joining pieces, particularly in the shoe industry. Through 3D Bonding, Simplicity Works has eliminated most of the manual work required for constructing shoes, as all pieces of footwear are joined simultaneously. This innovative technology reduces manpower requirements by up to 70%, results in approximately 50% savings in leather and fabric consumption, and involves 30% less energy use from proximity production. Moreover, it streamlines production, making local production cheaper and faster than traditional factory-based methods often used in "cheap labor cost" countries. Notably, the company received a Venture Round investment on 06 October 2021 from the European Innovation Council. Simplicity Works envisions a world where future generations design and manufacture products near their villages, thus becoming protagonists of the industrial evolution. In summary, Simplicity Works' 3D Bonding technology has the potential to reshape the manufacturing and logistics landscape, driving cost savings, energy efficiency, and a shift towards localized production. The recent investment from the European Innovation Council underscores the market's recognition of the company's impactful vision and innovative approach.

Taxonomy: 3D printing, manufacturing technology, footwear industry, sustainable production, local production, efficiency optimization, logistics innovation, energy-efficient manufacturing, patented technology, material consumption, proximity production

Funding Rounds & Investors of SIMPLICITY WORKS (3)

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Funding Stage Amount No. Investors Investors Date
Grant €1.29M 1 06 Oct 2021
Venture Round Unknown 1 06 Oct 2021
Grant €71.43K 1 EASME - EU Executive Agency for SMEs 01 Jan 2019

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