Fortius Metals has announced that it has closed a priced seed financing round worth 2 million USD with AM Ventures. The 2 million USD round will be used to scale manufacturing capacity, grow the company and accelerate its go-to-market strategy. According to AM Ventures, Fortius Metals’ position as a potential supplier to ‘technologically cutting-edge’ aerospace and defence customers inspired it to navigate complex CFIUS clearance rules for investment in order to open the door to a long-term partnership with Fortius Fortius Metals is a large format additive manufacturing company that specialises in advanced materials to help customers develop solutions that it says were previously impossible with robotic 3D printing. The company’s patented technology will enable welding and 3D wire fabrication using high performance metal alloys to meet the demands of aerospace customers and robotic welding fabricators. According to Fortius, its welds are often twice the strength of incumbent commercial options for welding and 3D printing, which it says will help customers increase design performance, improve product quality and reduce weight.
Fortius Metals has announced that it has closed a priced seed financing round worth 2 million USD with AM Ventures. The 2 million USD round will be used to scale manufacturing capacity, grow the company and accelerate its go-to-market strategy. According to AM Ventures, Fortius Metals’ position as a potential supplier to ‘technologically cutting-edge’ aerospace and defence customers inspired it to navigate complex CFIUS clearance rules for investment in order to open the door to a long-term partnership with Fortius Fortius Metals is a large format additive manufacturing company that specialises in advanced materials to help customers develop solutions that it says were previously impossible with robotic 3D printing. The company’s patented technology will enable welding and 3D wire fabrication using high performance metal alloys to meet the demands of aerospace customers and robotic welding fabricators. According to Fortius, its welds are often twice the strength of incumbent commercial options for welding and 3D printing, which it says will help customers increase design performance, improve product quality and reduce weight.