Digital Alloys Raises $12.9M in Series B Funding

Digital AlloysDigital Alloys, Inc., a Burlington, Mass.-based developer technology for high-speed metal additive manufacturing, raised $12.9M in Series B financing.

The round was led by G20 Ventures with participation from Boeing HorizonX Ventures, Lincoln Electric, and prior investor Khosla Ventures.

Led by Duncan McCallum, CEO, Digital Alloys also announced two US patents for its Joule Printing™ metal additive manufacturing technology, a new process that uses wire feedstock and high deposition rates to print the hardest metal parts.
Initial applications of the technology include the production of conformally cooled tools for the automotive and consumer products industries, and the delivery of high-quality titanium parts for the aerospace industry.



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