Mayku’s desktop factory is turbocharging Britain’s creative businesses by enabling rapid design, prototyping and high-quality production
Co-Founder and CEO of Mayku, Alex Smilansky, discusses the efforts to support businesses amidst the pandemic, and comments on Mayku’s 100% month on month growth in lockdown
UK Top 50 startup and creators of the desktop factory, Mayku, are boosting businesses by enabling R&D departments, manufacturers and product development teams to continue their work, even whilst in lockdown.
The Coronavirus pandemic has had a profound impact on British business, with 7 in 10 companies forced to furlough staff and contend with considerable losses, as the lockdown measures have forced the closure of all non-essential businesses.
However, the lockdown has not only led businesses to cease or dramatically reduce their sales operations, but thousands of companies have had no choice but to also shutter their R&D departments, with workers unable to gain access to vital equipment and materials needed to continue crucial product development, prototyping and manufacturing work. As a result, the product development cycle of companies across the country has come screeching to a halt.
Now, creators of the desktop factory Mayku are providing businesses with a much-needed solution. With their desktop FormBox, Mayku are empowering R&D professionals to work remotely and continue the product development process even at home, with industrial grade vacuum forming technology at a fraction of the size and cost. Mayku’s revolutionary technology, along with their closely-knit online community of designers, engineers, manufacturers and creators, support companies to continue their business activities and boost their product development efforts, across multiple industries and sectors.
Mayku’s outstanding innovation secured their place in City AM’s list of top 50 startups for 2019, and has also enabled the company to not only survive the pandemic, but thrive throughout the lockdown, posting a 100% month-on-month growth throughout the months of March and April.
Alex Smilansky, CEO and Co-Founder of Mayku, comments on Mayku’s commitment to helping businesses continue their development in lockdown:
“There are many visible consequences of the pandemic affecting product development, as manufacturers and designers find themselves restricted from accessing the tools, materials and equipment necessary to create their products. Supply disruption, the closure of offices and buildings, and sheer manufacturing capacity are just some of the factors that businesses are currently having to contend with, and every single one of these factors has a considerably detrimental effect on each and every business.
Furthermore, with the future market and customer demand unclear as a result of the ever-changing circumstances surrounding Coronavirus, priorities across R&D projects will also remain uncertain, preventing businesses from committing time and resources to new projects.
Mayku are working to help companies tackle these issues by offering industrial-grade design and manufacturing equipment at a fraction of the size and cost, allowing R&D professionals to rapidly prototype new designs and iterate new products locally using the FormBox, even away from the office. With a FormBox, R&D departments can work remotely, using the desktop technology to carry out precision, small batch production.
We feel very fortunate to have experienced such rapid growth as of late, and we are committed to providing the tools, expertise and support needed for thousands more businesses to succeed and thrive, during the pandemic and beyond”.