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Fortify Secures $12.5 Million In Funding From Investors, Including Lockheed Martin Ventures & Rtx Ventures, To Accelerate Growth In Advanced Materials & Additive Manufacturing

PRIVATEJun 05, 2023

Amount Raised

$12.5 Million

Round Type

Funding Round

BostonManufacturing

Investors

Rtx VenturesLockheed Martin Ventures

Description

BOSTON, MA / June 1, 2023 / Fortify, a leading full-stack materials science and additive manufacturing company, announced today that it has raised $12.5 million in a funding round from investors, including Lockheed Martin Ventures and RTX Ventures, the venture capital arms of Lockheed Martin and Raytheon Technologies, respectively. This strategic investment will enable Fortify to expand its capabilities and accelerate the development of its groundbreaking Digital Composite Manufacturing (DCM) platform.

Quick answer

Fortify raised $12.5 Million in a Funding Round round, dated June 5, 2023. Investors: Rtx Ventures and Lockheed Martin Ventures. Fortify is based in Boston, Massachusetts, United States.

How much did Fortify raise?
Fortify raised $12.5 Million in a Funding Round round on June 5, 2023.
Who invested in Fortify?
Rtx Ventures and Lockheed Martin Ventures are named as investors in this round.
What does Fortify do?
Fortify is transforming the 3D printing industry with its patented DCM (Digital Composite Manufacturing) platform.
Where is Fortify based and how big is it?
Fortify is based in Boston, Massachusetts, United States.
Who are the decision-makers at Fortify?
Fundz holds 1 contact at Fortify, including the Chief Product Officer and Co-founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Fortify that raised within 45 days of this round, from Fundz verified event records.

  • RYAM raised $250M (Debt Financing) on July 20, 2023.
  • Harvest Thermal raised $8.8M (Seed) on July 20, 2023.
  • Thingtrax raised $5.6M (Funding Round) on July 20, 2023.
  • Farizon raised $600M (Funding Round) on July 20, 2023.
  • 3D BioFibR raised $3.5M (Seed) on July 20, 2023.
  • Hueson Wire & Cable raised $3.2M (Seed) on July 20, 2023.

Who to call at Fortify, and when

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Company Information

Company

Fortify

Location

Boston, Massachusetts, United States

About

Fortify is transforming the 3D printing industry with its patented DCM (Digital Composite Manufacturing) platform. DCM delivers new levels of additively manufactured part performance by introducing aligned reinforcing fibers. The technology combines magnetics and DLP (digital light processing) to produce custom microstructures in high-resolution 3D printed composite parts. Engineers can design and print parts with material properties that are optimized for specific functionality. The company’s application focus ranges from injection mold tooling to high performance end-use parts. Since its inception in 2016, Fortify’s accolades include: MassChallenge Startup Gold Winner (2016), JEC Startup Booster Innovation Award (2017), Formnext Startup Challenge Winner (2018), and ACE Tooling and Innovation Award (2019). Fortify's Boston-based team is driven by a mission to provide engineers with tools to design and fabricate parts that are as elegantly designed on the inside as they are on the outside. Fortify delivers faster lead times, lower costs, and superior materials compared to traditional manufacturing processes. For more information visit www.3DFortify.com.

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Related People

1 contact
Verified contactsJosh M., Chief Product Officer and Co-founder hiddenSee plans and pricing
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.