Alloyed raises £37 million in Series B funding to enhance its additive manufacturing capabilities for aerospace and electronics. The funding will support the company's focus on automated design and manufacturing through industrial-scale 3D printing.

Oxford University spinout company Alloyed, a developer and manufacturer of advanced metallic components for aerospace and electronics, has raised £37 million Series B funding. The company is focused on automated design and manufacturing through additive manufacturing, or industrial-scale 3D printing, which combines many functions into one metal part. Japanese investors SPARX and the Development Bank of Japan led the round, with participation from Aviva Investors and Future Industry Ventures. Alloyed aims to make metal components lighter, stronger, and more precise, while maximizing sustainability.