#foundation alloy Tech News.
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Foundation Alloy has raised $22 million in Series A funding. The company will use the funds to further develop its technology. The exact purpose of the funding is not specified.
Foundation Alloy developed a new alloying technique that smashes metal powder particles together instead of melting them. The startup raised a $22 million Series A led by Voyager Ventures to scale production to several tons per week by 2027. Pilots are running with automotive, aerospace, semiconductor, defense, chef's knife, and luxury watch companies.
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