The round was led by Newark Venture Partners and Quiet Capital, with major participation from Lachy Groom, Alan Rutledge, Julian Capital, and Humba (Susa) Ventures. Volition is the first and only online industrial parts marketplace designed specifically for the needs of the hardware development world. It aims to accelerate the pace of hardware innovation by serving as the hub that organizes all of the world's components.

Founded in 2019, Volition is the only online industrial parts marketplace designed specifically for the needs of the hardware development world. It will accelerate the pace of hardware innovation by serving as the hub that organizes all of the world's components.