South Yorkshire tech firm Metalysis closes £20m funding round
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Metalysis, a 3D printing metal powder tech company based in South Yorkshire, has closed a £20m funding round from Neil Woodford’s investment trust and existing investor Iluka Resources.
The company, which produces metal powders – such as titanium, tantalum and bespoke alloys – for use in 3D printing, says it will use the funds to further its growth and develop strategic partnerships and licensing.
Dion Vaughan, CEO of Metalysis, said in a statement: “This latest investment underpins our commitment to deliver against the enormous potential of our disruptive powder metals technology.