Sun Metalon Raises US$5.6M in Series A Funding

Sun Metalon

Sun Metalon, a Kawasaki, Japan-based company developing a metal 3D printer, raised US$5.6M in Pre-Series A funding.

The round, which brings total investment to US$7.7m, was led by Globis Capital Partners & Co., with participation from UTEC, D4V, and Berkeley SkyDeck Fund.

The company intends to use the funds to expand its business globally.

Established in February 2, 2021, and led by CEO Kazuhiko Nishioka, Sun Metalon is advancing an ultra-fast metal 3D printer to create metal products from local ores anywhere in the world. The size of parts that can be manufactured will be expanded in stages, and three machine lineups will be taken to the market as of 2023. The first machine is currently under development and the first customer delivery is scheduled for October 2022.

FinSMEs

21/10/2022