Alloyed, an Oxford, UK-based developer and manufacturer of advanced metallic components for aerospace and electronics, raised £37M in Series B funding.
The round was led by Japanese investors SPARX and the Development Bank of Japan, with participation from Aviva Investors and German-based Future Industry Ventures (a Redstone and SBI fund). Other investors included existing investors Oxford Science Enterprises, JX Advanced Metals, and Anglo American plc.
The company intends to use the funds to expand its manufacturing facilities in Abingdon, UK, and Seattle, USA, as well as accelerating the development of its digital platforms for the design and processing of improved alloys and alloy components.
Led by CEO Michael Holmes, Alloyed (fka OxMet Technologies) is focused on automated design and manufacturing through additive manufacturing, or industrial-scale ‘3D printing’, which combines many functions into one metal part. Its current customers include Boeing, Microsoft, Anglo American and BMW, with its applications spanning a wide range of industries – including lightweight antennas and structural components for satellites, high-temperature-resistant alloys for jet engines, as well as precision parts for jewellery, wearables such as virtual reality headsets, and smartwatches.
FinSMEs
17/03/2025