Wayland Additive raises £3 million in Series A funding round

September 10, 2019

September 10, 2019

Wayland Additive raises £3 million in Series A funding round
Will Richardson, Wayland Additive Chief Executive (Courtesy Wayland Additive)

Wayland Additive Limited, Huddersfield, UK, has raised £3 million in its Series A funding round, led by Longwall Ventures with the Angel CoFund (ACF), among other investors. The Electron Beam Additive Manufacturing company is reportedly developing EB-based systems capable of building parts faster and with greater precision than laser-based technologies, and is thought to be targeting end-users in industries such as aerospace and medical.

Wayland Additive’s technology is reported to be built on highly sophisticated developments in scanning electron microscopy (SEM) and electron beam lithography, and is expected to offer very high levels of productivity, material versatility, process monitoring and control. The company has acquired IP from Reliance Precision Limited, Huddersfield, which has developed AM technologies over the past three years. 

The funds raised in this Series A funding round are expected to enable Wayland Additive to develop its advances in metal Additive Manufacturing from an advanced prototype to a launch product. The company plans to begin machine shipments in 2021.

David Denny, Partner at Longwall Ventures, commented, “We are delighted to be backing a strong team with technology that integrates process control with 3D printing – the critical piece that enables EBM to become a statistically capable manufacturing method.”


September 10, 2019

In the latest issue of Metal AM magazine

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

  • Metal powders in Additive Manufacturing: An exploration of sustainable production, usage and recycling
  • Inside Wayland Additive: How innovation in electron beam PBF is opening new markets for AM
  • An end-to-end production case study: Leveraging data-driven machine learning and autonomous process control in AM
  • Consolidation, competition, and the cost of certification: Insight from New York’s AM Strategies 2024
  • Scandium’s impact on the Additive Manufacturing of aluminium alloys
  • AM for medical implants: An analysis of the impact of powder reuse in Powder Bed Fusion

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