LastBasic

lastbasic.com ↗ ·Madrid ·Seed

LastBasic is a Madrid-based product development platform and engineering marketplace that turns ideas into functional hardware prototypes, connecting inventors and startups with a vetted community of designers, engineers and makers through a contest-based workflow that it claims is up to 10x cheaper than a traditional engineering consultancy. Founded in 2017, it is seed-stage and has raised roughly $3.85M in total, including public ENISA innovation loans alongside VC money from GoHub Ventures, Keith Ventures and Decelera.

Founded

2017

Founders

Total funds raised

$460K

SectorsHardware, Product Development, Marketplace, Engineering Services, Prototyping Start-up MapDeeptech & Hardware › Advanced manufacturing & industrial equipment

Suggest a correction

Founders

Alejandro Turell Yarur

Co-Founder & CEO

Jesús Antonio Vizcaíno Jiménez

Co-Founder & Digital Marketing Manager

Luis O'Cleiry

Co-Founder & Chief Marketing and Sales Officer

Global models 5

Fictiv

United States · fictiv.com ↗

Online hardware development and manufacturing platform that sends customers' prototype and production jobs to a vetted network of partners and keeps a margin, like LastBasic.

~$290MComparable

Xometry

United States · xometry.com ↗

Marketplace connecting companies that need custom parts and prototypes with a large network of vetted manufacturers, taking a margin on each job.

~$190M (pre-IPO)Comparable

Quirky

United States · quirky.com ↗

Community invention platform that turned crowd-submitted ideas into physical products using a network of contributors, the closest match to LastBasic's crowd-based product development.

~$185MComparable

99designs

Australia · 99designs.com ↗

Contest-based marketplace where a vetted global community of designers competes on client briefs, the same contest workflow LastBasic applies to engineering and prototyping.

~$35MComparable