Fortius Metals increases investment round to 5 million US dollars

Fortius Metals receives an additional 2 million US dollars. The additional funding will allow Fortius Metals to expand its product portfolio and bring innovative metal alloys for large-format 3D printing to the market.
Lafayette, October 8, 2024 - Fortius Metals, a metal 3D printing company based in Lafayette, Colorado, has secured an additional $2 million in a Seed+ funding round. This brings the total funding for this round to $5 million. Investors include 412 Venture Fund, AM Ventures, M7 Holdings and new addition Finindus. This investment, which was made despite challenging market conditions, demonstrates the investors' confidence in Fortius Metals' innovations.
Fortius Metals develops advanced metal alloys for aerospace and defense
Fortius Metals specializes in large-scale additive manufacturing solutions using advanced metal alloys. This technology makes it possible to develop components that were previously impossible to realize using conventional 3D printing techniques. Fortius' customers include players in the aerospace and defense industry, including the US Army, Navy, Air Force, NASA and various aerospace companies. The new products, such as the proprietary 6061-RAM2 and 7075-RAM2 aluminum welding rods, solve classic problems such as the "hot crack" phenomenon and will be supplemented by additional alloys in 2025.
New capital accelerates product launch and development
The additional funds from the financing round will primarily be used to further develop the metal alloys and accelerate the market launch of new products. Fortius Metals is working on developing new wire alloys with improved properties such as increased strength, better corrosion resistance and higher thermal conductivity. These materials make it possible to produce lighter and more robust components for the aerospace and defense industries.

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