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Fortius Metals Secures $2 Million in Additional Funding for Advanced Metal 3D Printing

December 9, 2024

Fortius Metals, Inc. has successfully raised an additional $2 million in its Seed+ funding round. This brings the total investment to $5 million, underscoring the industry’s confidence in Fortius Metals’ groundbreaking approach to wire-based 3D printing and advanced material development.
The latest funding includes the participation of strategic investor Finindus, following clearance from the Committee on Foreign Investment in the United States (CFIUS). Previous investors include 412 Venture Fund, AM Ventures, and M7 Holdings. This infusion of capital arrives amidst challenging venture conditions, further cementing Fortius Metals’ position as a leader in wire additive manufacturing technologies.

Fortius Metals Secures $2 Million in Additional Funding for Advanced Metal 3D Printing
Image Credit: Fortius Metals, Inc.

Fortius Metals specializes in the development of high-performance metal alloys for wire-based additive manufacturing and robotic welding applications. The company’s innovative solutions address critical challenges faced by customers in the aerospace, defense, and commercial space sectors, including the Army, Navy, Air Force, NASA, and defense contractors.

CEO Jeff Lints highlighted the impact of Fortius’ proprietary materials on the industry:

“Our alloys, such as 6061-RAM2 and 7075-RAM2, solve traditional hot-cracking problems, enabling our customers to achieve previously impossible designs using robotic welding and wire additive manufacturing. This funding helps us accelerate the launch of new alloys with advanced properties, including IN625-RAM, 316L-RAM, and 5183-RAM, planned for 2025.”

Image Credit: Fortius Metals, Inc.

Fortius Metals’ patented alloys deliver up to twice the strength of commercially available solutions, offering significant benefits in terms of weight reduction, product quality, and design flexibility. These materials also provide enhanced corrosion resistance and thermal conductivity, making them suitable for high-performance applications ranging from aerospace components to electric vehicle manufacturing.

The company’s advanced predictive toolpaths and robotic welding expertise ensure dimensional accuracy and efficiency in producing complex, large-scale parts. These capabilities position Fortius Metals as a key partner for organizations seeking cutting-edge manufacturing solutions without compromising material performance.

Image Credit: Fortius Metals, Inc.

Strategic Investment by Finindus

Belgium-based venture capital firm Finindus joins Fortius Metals’ roster of investors, reinforcing its commitment to supporting sustainable and innovative industrial technologies. “Fortius Metals is redefining wire-based additive manufacturing with its proprietary materials and process innovations,” said Roel Callebaut, Senior Investment Manager at Finindus. “This partnership reflects our dedication to fostering technologies that push the boundaries of industrial manufacturing.”

Finindus, funded by ArcelorMittal and the Flemish Region, specializes in early-stage and growth investments in sustainable manufacturing and materials innovation. The firm’s support will help Fortius Metals expand its market presence and deliver on customer timelines.

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