Industrial 3D printing startup Fortify has raised $10 million in a series
A round of funding led by Accel, with participation from Prelude Ventures, Mainspring Capital Partners, and Neotribe.
Founded out of Boston in 2016, Fortify is one of a growing number of “additive manufacturing” companies to target industries, such as aerospace and automotive, with tools to optimize their manufacturing processes through a combination of computer aided design (CAD) and specialized hardware. Additive manufacturing effectively layers materials upon each other to create a product, as opposed to removing materials as is typically the case with traditional manufacturing techniques such as carving or milling — this means less material waste. It can also enable so-called “zero inventory” manufacturing, with manufacturers able to produce goods on-demand, rather than mass-producing in advance. Fortify, specifically, said that it combines magnetics with digital light […]
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