Fortify announces today a seed round of $2.5M with strategic funding from Neotribe Ventures, Prelude Ventures, Mainspring Capital, Ocean Azul Partners, and McCune Capital.
The Boston-based additive manufacturing company aims to accelerate the DLP 3D Printing Process. Its patented technology called Fluxprint is a mix of DLP 3D printing and magnetics.
One innovation after another, they have created a DLP additive manufacturing platform, which includes the patented Fluxprint hardware, innovative materials and INFORM generative design software.
With this latest funding round, their goal is to double in size and enable new capabilities for innovation and partnership development.
Discovered for the first time on the European market via the Formnext startup challenge, today, the company has launched two resins, filed IP and is engaging in partnerships with leading manufacturers across the country.
By pairing high-performance engineering resins with specialty additives, Fortify utilizes Digital Composite Manufacturing (DCM) to produce the strongest resin available on the market. Fortify’s patented hardware and software processes allow control over the alignment within each printed part – leading to better performance without sacrificing cost or design flexibility.
“The support from our investors and partners is affirmation that the technology we’re developing is meeting significant needs in the manufacturing industry,” said Josh Martin, CEO of Fortify. “We are looking forward to continue to be an innovation leader in the space and grow our DCM capabilities and products.”
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