Lincoln Electric
22801 St Clair Ave, Cleveland, OH, 44117, United States
Overview
Lincoln Electric is a manufacturer of welding, cutting, and brazing products. Welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes, and fluxes. The Company's product offering also includes computer numeric controlled (CNC) plasma and oxy-fuel cutting systems and regulators and torches used in oxy-fuel welding, cutting, and brazing. The Company operates in five segments: North America Welding, Europe Welding, Asia Pacific Welding, South America Welding, and The Harris Products Group.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Electrical Distribution
- Manufacturing
- Robotics
Investment portfolio
- Digital Alloys
Participated · Series B · Aug 2018
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.