Participated · Series A · Jul 2019

Fortify, led by CEO Lawrence Ganti, is a Boston-based materials science and additive manufacturing company focused on its Digital Composite Manufacturing (DCM) platform. The company raised $12.5M in funding with participation from Lockheed Martin Ventures, RTX Ventures, Accel, Cota Capital, Neotribe, Prelude, Mainspring, and Ocean Azul. Fortify intends to use the funds to expand its capabilities and accelerate development of its DCM platform. The DCM platform enables production of complex structures with mechanical, electrical, thermal, and electromagnetic properties. The platform has attracted interest from more than 50 partners and customers across digital tooling, medical devices, electronics, aerospace, and defense. Key customers and partners in aerospace and defense include Lockheed, Raytheon Technologies, In-Q-Tel, the U.S. Department of Energy, Rogers Corporation, Lawrence Livermore National Labs, TTM Technologies, and Ierus Technologies. Fortify builds a patented Digital Composite Manufacturing (DCM) platform designed for high-viscosity, filled materials and produces a suite of proprietary materials with tailored mechanical, electrical, thermal, and electromagnetic properties. The platform enables extreme design freedom and custom microstructures in 3D-printed parts by combining material science with mixing, magnetics, and polymer physics. Fortify is focused on applications ranging from radio-frequency front-end antennas to injection mold tooling. The company says funds from the investment will be used for process and material development for additive manufacturing of RF devices. Leadership includes CEO Lawrence Ganti and Chief Product Officer Josh Martin. The company is based in Boston, MA. The amount of the strategic investment was not disclosed; no revenue or user metrics were reported in the article. Fortify invented Digital Composite Manufacturing (DCM), which combines proprietary mixing and magnetic alignment with digital light processing (DLP) to produce composite parts with optimized mechanical, thermal, and electromagnetic properties. Its offering pairs hardware (the Flux Series 3D printers) with software, materials development, and processing expertise. The company is focused on applications from injection mold tooling to high-performance end-use parts with unique mechanical and electromagnetic properties. Fortify has announced partnerships with Henkel, DSM, and Tethon3D and said it will make additional announcements over the course of 2021. The company intends to use new funding to accelerate team growth, expand in application spaces, and transition to volume manufacturing of the Flux Series printers. Founded in 2016 and led by CEO Josh Martin, Fortify is based in Boston, MA. Fortify pioneers Digital Composite Manufacturing (DCM) with its Fluxprint process, which adds magnetics to DLP 3D printing to precisely orient reinforcement fibers and tune material properties. The technology produces durable, high-performance composite parts faster and at lower cost than many traditional composite processes. Initial commercial focus is on injection-mold tooling for quick-turn, lower-volume runs and high-performance end-use parts; early users report 10–100X improvements over other 3D-printed mold tools. Fortify is supplying molds now and plans to ship beta machines to select partners in early 2020 while launching a Discovery Partner Program to give select customers early access. The company also introduced the Fortify Fiber Platform to collaborate with resin suppliers such as DSM and BASF on high-performance materials. Fortify has doubled its team, made notable hires, relocated office space, and secured new funding to support product and team growth (Series A $10M; prior $2.5M seed). Fortify develops Digital Composite Manufacturing (DCM) technology centered on its patented Fluxprint system, which combines magnetics and DLP 3D printing to produce fiber-reinforced composite parts. The platform comprises high-resolution, fiber-reinforced DLP hardware, proprietary materials, and INFORM generative design software. The company has launched two resins, one of which it describes as the strongest resin available on the market, and has filed IP while engaging manufacturing partners such as DSM. With the latest funding, Fortify has more than doubled its team, expanding capabilities for innovation and partnership development. The company is moving into a beta launch that will deliver its digital composite platform to 10 select partners beginning this winter. Financially, Fortify announced a $2.5M seed round and is seeking an additional $8M Series A in 2019 to support commercialization and partner growth.