Tech Company Financing Transactions
Alloy Enterprises Funding Round
Alloy Enterprises, based in Somerville, secured $26 million from Piva, Congruent Ventures and Flybridge Capital Partners.
Transaction Overview
Company Name
Announced On
5/17/2023
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
17 Properzi Way
Somerville, MA 02143
USA
Somerville, MA 02143
USA
Phone
Website
Email Address
Overview
Alloy Enterprises' novel additive manufacturing system provides high throughput of fully-dense parts, enabling manufacturers to scale from prototyping to production. Alloy Enterprises was founded in early 2020 and within a year was making parts. Armed with a process that can scale to production, there was nowhere to go but up.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ali Forsyth
Chief Operating Officer
Andie Bedell
Chief Technical Officer
Nick Mykulowycz
VP - Engineering
Kevin Simon
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