Atomik AM sees £125k investment to commercialise innovative Binder Jetting solutions
Atomik AM, a spin-off from the University of Liverpool, UK, has received a £125,000 investment from LYVA Labs. LYVA Labs creates engineering solutions for the advanced manufacturing sector from its base at the University of Liverpool’s School of Engineering.
Having developed a number of techniques and binders intended to improve the process of Binder Jetting (BJT) Additive Manufacturing, Atomik AM plans to use the investment from LYVA Labs to accelerate product commercialisation by enabling the team to convert pipeline opportunities into commercial contracts.
The funding will also support the business in developing new intellectual property (IP), filing a new patent, securing eight jobs, and creating the role of Chief Operating Officer. Since its inception, Atomik AM has successfully collaborated with blue-chip companies, filed multiple patents, and established an IP pipeline.
“This investment is a testament to the groundbreaking work our team is doing to advance Additive Manufacturing processes,” stated Professor Kate Black FREng, founder and CEO of Atomik AM. “It allows us to expand our capabilities, accelerate innovation, and bring sustainable, cutting-edge solutions to the industry. At Atomik AM, we believe in driving change in manufacturing to create a better future for everyone.”
LYVA Labs’ Head of Investments, Akshay Bhatnagar, added, “We hope this will be the first of many investments alongside the University of Liverpool, Atomik AM exemplifies the excellence found in advanced manufacturing R&D across Liverpool City Region, and we are pleased to be part of this business’ exciting innovation journey.”
Recently, Liverpool City Region Combined Authority invested £10.5 million in LYVA Labs in bolstering companies into high-growth businesses, as part of Liverpool Mayor Rotheram’s plan to invest 5% of regional GVA into research and development (R&D) by 2030. Advanced manufacturing is said to be key to this goal, representing a significant sector.
