• Wayland Additive

  Participated · Equity · Apr 2023

  Wayland Additive develops, manufactures and sells electron beam metal additive manufacturing (3D printing) machines to industrial end-users in aerospace and medical industries. The company’s technology is based on evolutions from scanning electron microscopy and electron beam lithography to advance electron beam 3D printing. Led by CEO Will Richardson, Wayland plans to use the funds to expand operations and increase in-house production capability. The business reported rapid growth over the past year and described 2023 as a successful year. Management said it will continue to seek additional funding over the coming year to support growth and global customer expansion. Wayland was born out of a high precision engineering team with links to the University of Sheffield’s Department of Materials Science and Engineering. Wayland Additive is a Huddersfield, UK-based electron beam metal 3D printing company that raised £4.6M in funding. The article notes that, led by CEO Will Richardson, NeuBeam manufactures and sells the Calibur3 metal additive manufacturing (AM) machines. Wayland's machines enable customers to print highly specialised "super materials," such as the world’s hardest steel or tungsten, remotely and on demand for high-temperature and high-wear applications. These capabilities target industries including aerospace, mining, and medical and enable development of downstream technologies. Customers cited include the RAF (UK) and Exergy Solutions (Canada); the article states next shipments begin in May to North America, Europe and beyond. The company plans to use the funds to increase in-house production capacity to deliver more machines and materials, to hire additional staff, and to support further research and development.

• Hadean

  Participated · Equity · Mar 2023

  London-based Hadean began as a VR and video-game simulation startup and has since pivoted to defence and wider resilience technology, repurposing its large-scale multiplayer gaming engine for military wargaming, command-and-control and battlefield training. Its core platform now powers products such as domainAI for real-time live-combat decision-making and Sceptre, a ‘UK SME sovereign stack’ that links specialist suppliers for easier defence procurement. The company collaborates with major contractors, including a 2025 partnership with Palantir to supply simulation and AI tools to the UK armed forces, and is running a Cabinet Office project to model pandemic responses. Hadean is also engaged in a situational-awareness project for Ukrainian citizen soldiers and sees the U.S. defence market as its fastest-growing revenue source. Sources place the company’s valuation between $100 million and $200 million, and management is preparing for a roughly $100 million Series B later this year. Although specific revenue numbers were not disclosed, executives describe business as “booming,” buoyed by rising U.S. defence spending and recent procurement successes in the U.K.

No current team members are available.