Steel 3D printing agency Fortius Metals has secured a further 2 million USD in seed funding, bringing the whole raised to five million USD.
With this newest money injection, Finindus has joined 412 Enterprise Fund, AM Ventures and M7 Holdings as buyers. AM Ventures initially backed Fortius Metals again in December 2022.
Fortius Metals is a large-format additive manufacturing firm whose patented know-how allows welding and wire additive manufacturing utilizing high-performance steel permits. Present prospects and companions embrace the US Military, Navy and Air Pressure, in addition to NASA, a number of defence primes and industrial area corporations.
In its improvement of proprietary alloys, Fortius Metals says it might probably provide as much as twice the power of present industrial options utilized in welding and 3D printing. The corporate additionally supplies experience within the robotic welding course of, with proprietary predictive toolpaths serving to to ship dimensional accuracy and precision.
With this extra capital, the corporate hopes to speed up these developments to fulfill the ‘timelines of shoppers who’re desirous to undertake this cutting-edge know-how.’
“Fortius Metals has acquired broad curiosity from prospects and this funding helps carry new merchandise to market comparable to our proprietary 6061-RAM2 and 7075-RAM2 aluminium welding wires that solves conventional ‘scorching cracking’ issues,” mentioned Jeff Lints, Fortius Metals CEO. “We’re serving to our prospects print designs utilizing our robotic welding course of experience that had been beforehand unattainable. In 2025, the corporate appears to be like ahead to launching new wire alloys with superior properties like IN625-RAM, 316L-RAM and 5183-RAM. We’re proud to be a Colorado firm together with a lot of our area and defence prospects.”
“Fortius Metals is pushing the boundaries of wire-based additive manufacturing with their distinctive supplies and course of experience,” added Roel Callebaut, Senior Funding Supervisor at Finindus. “We’re excited to assist their mission to revolutionise the manufacturing of huge and sophisticated elements with out compromising materials efficiency. This partnership aligns completely with our dedication to fostering progressive and sustainable industrial applied sciences.”