Alloy Enterprises, a Somerville, MA-based Digital Aluminum Fab, closed a $3M SAFE financing round.
The SAFE round, which brings the total raised to over $10M, was led by Lockheed Martin Ventures (LMV), who was joined by existing investors, including Congruent Ventures.
Led by CEO Alison Forsyth Alloy provides novel technology that allows for production of components with high-strength aluminum alloys, such as 6061. The company’s innovative additive manufacturing system allows for high throughput and dense aluminum parts. This allows manufacturers to scale up from prototyping to production within a year.
FinSMEs
31/08/2022