Fortify, a Boston, MA-based materials science and additive manufacturing company, raised $12.5M in funding.
The round saw participation from Lockheed Martin Ventures and RTX Ventures, Accel, Cota Capital, Neotribe, Prelude, Mainspring, and Ocean Azul.
The company intends to use the funds to expand its capabilities and accelerate the development of its Digital Composite Manufacturing (DCM) platform.
Led by CEO Lawrence Ganti, Fortify is a full-stack materials science and additive manufacturing company whose Digital Composite Manufacturing (DCM) platform enables the production of complex structures with mechanical, electrical, thermal, and electromagnetic properties.
The platform has received interest across more than 50 partners and customers in digital tooling, medical devices, electronics, aerospace, and defense. Key customers in the A&D space beyond Lockheed and Raytheon Technologies include: In-Q-Tel, US Department of Energy, Rogers Corporation, Lawrence Livermore National Labs, TTM Technologies, and Ierus Technologies.
FinSMEs
02/06/2023