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Metal 3D printing startup ThinkMetal raises Rs 27 crore in funding led by IAN Alpha Fund

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Metal 3D printing startup ThinkMetal raises Rs 27 crore in funding led by IAN Alpha Fund

Chennai-based advanced materials and manufacturing technology startup ThinkMetal has raised Rs 27 crore in a funding round led by IAN Alpha Fund, with participation from 3i Partners and existing investors.

The startup plans to use the fresh capital to accelerate product development, expand its research and development (R&D) capabilities, strengthen its team and increase the adoption of its technology among industrial customers.

Founded in 2021 by Sabyasachi Ghosh and Arushi Sharma, ThinkMetal develops indigenous technologies for high-value precision metal manufacturing, serving industries including aerospace, defence, space, automotive and electric mobility.

The startup aims to address challenges associated with conventional precision manufacturing, where producing specialised metal components can involve long lead times, expensive tooling, complex equipment and dependence on imported technologies.

ThinkMetal is developing an integrated manufacturing platform that combines advanced materials, manufacturing processes, industrial systems and application development to make precision metal production faster and more cost-effective.

Its current commercial offering is SistemT1, an industrial metal additive manufacturing system designed to produce high-value precision metal components. The system uses the company's proprietary FuseX metal filament technology.

The technology builds metal components layer by layer using engineered metal filament. The printed parts then undergo debinding and high-temperature sintering to achieve their final metal properties.

According to ThinkMetal, its manufacturing technology can produce high-value precision metal parts up to 10 times faster and at half the cost of traditional manufacturing methods. 

The startup has progressed from technology development to pilot projects with enterprise customers and is now working towards larger commercial deployments.


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