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Bloom fuels American manufacturing

An AI marketplace for hardware, but will it be the next Alibaba?

When Justin Kosmides co-founded Bloom in 2023, his goal was to streamline supply chains for the mobility industry. But with Donald Trump's tariffs and the rise of American hardware startups, Bloom had to pivot. Today, it’s a marketplace connecting buyers and sellers, from e-bike companies to drone-makers. Investors, including SNAK Venture Partners, have now pledged $3.6 million. Kosmides believes Bloom can be the ‘Alibaba’ of American manufacturing, but only time will tell if it can match the Chinese giant's success.


By focusing on supply chain AI agents, Bloom aims to simplify the process of finding specific suppliers, parts, and manufacturing services. The platform is already making matches for over 140 companies, proving its value. But as AI models keep improving, proving Bloom’s worth to investors remains a challenge.


Kosmides says, ‘To find investors to actually write a term sheet, not follow one, is getting harder and harder.’ This is where SNAK Venture Partners comes in, with its focus on marketplace-driven businesses. The firm initially passed on Bloom’s pre-seed round, but now sees potential in a company that’s grown significantly since. Bloom’s platform handles both sides of the supplier relationship, from contract opportunities to bidding, quoting, booking, and payment. It’s all about making the process as seamless as possible.


And while Bloom’s success may benefit larger companies, Kosmides also sees an opportunity for small manufacturers. He cites an example of a Michigan-based contract manufacturer that, thanks to Bloom, has shifted from odd jobs to more substantial projects. If Bloom can help level the playing field, it might just revolutionize the American manufacturing landscape.

Original source:  https://techcrunch.com/2026/10/07/bloom-raises-3-6m-to-become-the-alibaba-of-american-manufacturing/
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