What does Atomik-AM do?
Atomik-AM is a manufacturing company based in Liverpool, UK, specializing in sustainable materials. It transforms aluminum metal waste into more durable products, and recycles the excess waste into energy. The company is also developing new products like its Universal Binder designed for 3D metal printing in industries such as automotive, aerospace, and energy.
How much did they raise?
The company raised £600K in funding with Northern Powerhouse Investment Fund II as the lead investor. This round came after a previous £125K investment from LYVA Labs, demonstrating growing investor confidence.
What are their plans for the money?
Atomik-AM intends to use the funds to expand its operations and business reach, further developing and patenting innovative manufacturing products. This expansion is expected to boost production capabilities and strengthen its impact across various industrial sectors.
What have they achieved so far?
Atomik-AM has already developed a sustainable manufacturing process that transforms aluminum waste and is in the process of patenting a series of novel products, including its Universal Binder for 3D metal printing.