AM startup Fortius Metals raises $1.4 million in pre-seed funding

September 10, 2021

Metal Additive Manufacturing startup Fortius Metals, Inc, headquartered in Boulder, Colorado, USA, has raised $1.4 million in pre-seed funding, according to a Form D filed with the US Securities and Exchange Commission, reports Daily Camera/BizWest.

Fortius which was incorporated on June 21, is a spinout of Elementum 3D, Erie, Pennsylvania, USA, and states that it will offer what the company refers to as ‘reactive Additive Manufacturing’ to help deliver products for the aerospace, automotive and defence industries, that were said to not be previously possible with robotic AM. Fortius is said to be focusing on aluminium.

Jeff Lints, CEO of Fortius Metal, stated, “It introduces new components into the metallurgy that dramatically improve its grain structure. It’s stronger, so it allows for the fabrication of lighter products.”

Fortius currently has two employees and is in the process of hiring engineers and seeking commercial facilities to lease. The company notes that it will immediately transition into a seed round, which its hopes to complete by the end of 2021.

www.fortiusmetals.com

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • The GRCop story: The development, production and Additive Manufacturing of NASA’s rocket engine alloys
  • Formnext 2023: Innovations in metal Additive Manufacturing from the industry’s leading international exhibition
  • Cybersecurity in Additive Manufacturing: Securing the industry’s future
  • Additive Manufacturing in the jewellery industry: exploring the potential of platinum and titanium
  • Mission possible: The five-year plan to gain FAA and EASA acceptance of in-process monitoring

The world of metal AM to your inbox

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Sign up

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
View online
Share via
Copy link
Powered by Social Snap