AMFREE receives Aperam Ventures investment to expand Additive Manufacturing of large industrial metal parts
Industrial hybrid Additive Manufacturing solutions start-up AMFREE, Strasbourg, France, has announced that it has received a strategic investment from Aperam Ventures. AMFREE plans to use the investment to support its goal of providing pre-qualified machines for the production and repair of large industrial metal parts.
AMFREE’s patented laser-wire Directed Energy Deposition (DED) Additive Manufacturing technology – debuted with its AMFREE One machine at Formnext 2024 – aims to support industries that require high-quality, large-scale parts. The company’s machines are designed to be cost-effective and easily operated by existing machining personnel without prior experience in AM. The machines are also designed to conserve energy and primary resources, enabling a sustainable and local approach to manufacturing while supporting global production scalability.
Aperam Group
Aperam concentrates primarily on the production and recycling of stainless steel, electrical steel and special steel, serving customers in over forty countries. The company is working to become a leading value creator in the circular economy of materials. In 2024, Aperam had a turnover of €6,255 million and shipments of 2.29 million tonnes.
As the venture capital fund of Aperam Group, Aperam Ventures aims to create long-term value for its portfolio companies by providing access to the Aperam Group’s technological and commercial experience and the flexibility of a dedicated investment team to facilitate management decisions.
