Atomik-AM, an advanced manufacturing business based in Liverpool, has raised £600,000 of investment which will support its scale-up plans.
The company, founded in October 2022 by Professor Kate Black, a professor of manufacturing at the University of Liverpool, creates sustainable materials and patented technologies to support scalable and efficient advanced manufacturing.
Atomik-AM secures capital from NPIF II – Praetura Equity Finance, which is managed by Praetura Ventures as part of the Northern Powerhouse Investment Fund II.
The funding will help Atomik-AM grow its Liverpool City Region-based team by 40% and explore larger premises, as it looks to scale further in the region. The company is in the process of patenting a series of manufacturing solutions, including its Universal Binder, a “glue” used specifically in 3D metal printing to help companies in the automotive, aerospace, and energy sectors produce key parts at scale.
The team of 10 has also developed a sustainable process for turning aluminium metal waste into more durable products than their aluminium alloy counterparts, with the excess waste from this process then recycled into energy, representing a more end-to-end approach to sustainability.
The company, which also produces inks for 2D sensor printing and specialist pastes used in electronic coatings, has delivered solutions to help companies remove unnecessary resources like water from their manufacturing processes, with water a scarce commodity in parts of the world.
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