PCB Design Expert, Patchr, Joins Capital Factory Accelerator Program

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Leading software provider for PCB design and manufacturing, Patchr, has joined the Capital Factory accelerator to help fuel user adoption, product enhancements, revenue growth and investments. Working with Capital Factory will give the company access to the competitive accelerator's network of mentors and investors, co-working space, hosting credits and more. The new announcement by Patchr comes less than a month after announcing the integration of its PCB manufacturing services into its cloud-based PCB design software.

Capital Factory is a leading organization based out of Texas, USA that supports the startup ecosystem through partnerships with corporations, universities, government agencies, non-profits, venture funds, service providers, member companies and other organizations in the community. Patchr has joined the Capital Factory accelerator to help fuel user adoption, product enhancements, revenue growth and investments. It will give the company access to the competitive accelerator's network of mentors and investors, co-working space, hosting credits and more.

Patchr is an Austin-based startup led by Chaotic Moon alum Eric Schneider, who received media attention for his creative pet projects ranging from a flame-throwing drone to "Tech Tats," temporary tattoos that read biometric data. Schneider started Patchr as an extension of his passion for designing hardware with electrical components, which often requires the creation of custom PCBs.

Patchr's software has been steadily adding to its user base since its March 2019 launch. Working with Capital Factory will help the company continue to grow adoption of both its software and manufacturing services. Last year, Patchr raised $1 million in funding, partly from an investment by Ecliptic Capital, a venture fund started by Chaotic Moon founders William "whurley" Hurley and Mike Erwin. The startup was able to quickly develop and launch its software and has begun earning revenue while still in the seed funding stage.