The Venture Codex Logo

The Venture Codex

Digital Alloys

37 North Ave, Burlington, Massachusetts, 01803, United States

Overview

Digital Alloys is a Burlington, Mass.-based developer of Joule Printing, a high-speed metal additive manufacturing process that uses wire feedstock and high deposition rates to print the hardest metal parts. The company announced two U.S. patents for its Joule Printing technology. Initial applications cited in the article include production of conformally cooled tools for the automotive and consumer products industries and delivery of high-quality titanium parts for the aerospace industry. The company is led by CEO Duncan McCallum. Digital Alloys raised $12.9M in a Series B financing led by G20 Ventures with participation from Boeing HorizonX Ventures, Lincoln Electric and prior investor Khosla Ventures. Digital Alloys develops high-speed, multi-metal additive manufacturing systems that print production-quality parts in almost any metal. Its platform can mix multiple metals within a single solid part, enabling new thermal, electrical, magnetic and mechanical property combinations. The company was formed in January 2017 as a spinout from the NVLabs division of New Valence Robotics (NVBOTS). Duncan McCallum serves as CEO. Digital Alloys intends to use its recent financing to launch its first products. The article does not disclose operating metrics beyond the fundraise.

Total raised
$18M
Funding rounds
2
Latest round
Series B
Latest activity
Aug 2018

Industries

  • 3D Printing
  • Advanced Materials
  • Industrial
  • Industrial Automation
  • Machinery Manufacturing
  • Manufacturing
Visit website

Recent funding

  1. Series B

    Aug 2018

    $13M

  2. Series A

    Mar 2017

    $5M

Team