CONNECT WITH US
Funding Tracker

Funding Tracker

ThinkMetal raises Rs 27 Cr led by IAN Alpha Fund

Entrackr logo

Published on

Add as a preferred source on Google
ThinkMetal raises Rs 27 Cr led by IAN Alpha Fund

Advanced materials and manufacturing 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 proceeds will be used to develop its products, expand its research and development capabilities, and increase adoption among industrial customers.

Founded by Sabyasachi Ghosh and Arushi Sharma, ThinkMetal is developing indigenous technologies for precision metal manufacturing. Its platform combines advanced materials, manufacturing processes and industrial systems to reduce production time and dependence on imported technologies.

The company’s current commercial offering is SistemT1, a metal additive manufacturing system designed to produce precision metal components. The system uses ThinkMetal’s proprietary FuseX metal filament technology. The company is also expanding its materials library and developing in-house capabilities to process new materials.

ThinkMetal serves manufacturers across aerospace, defence, space, automotive and electric mobility. It has moved from technology development to enterprise pilots and is now working towards larger commercial deployments. According to IAN Alpha Fund, the company has filed more than 17 intellectual property applications.

The company claims its technology can manufacture high-value precision metal parts up to 10 times faster and at half the cost of conventional methods. 



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.