6K Raises $51M To Accelerate Advanced Battery Material Development And Global Expansion Of Additive Manufacturing Powders
6K Raises $51M To Accelerate Advanced Battery Material Development And Global Expansion Of Additive Manufacturing Powders
09/22/21, 1:02 PM
Location
andover
Money raised
$51 million
6K, a leader in the production of sustainable advanced materials for energy storage and additive manufacturing powders, announced that it has closed a $51M Series C financing round. With this investment, 6K will complete its Battery Development Center of Excellence, adding 33,000 sq ft of state-of-the-art product development space and doubling its 6K Energy team. Funding will also enable a tripling of production capacity for 3D metal powders at its 6K Additive division, increase the portfolio of powder product offerings, and expand its commercial sales activities globally. The financing round was led by Volta Energy Technologies, joined by new investors Catalus Capital and S Cap/Prithvi Ventures, and existing investors Anzu Partners, Launch Capital, Material Impact, and RKS Ventures.
Company Info
Location
andover, massachusetts, united states
Additional Info
The firm has significant structural flexibility that it utilizes to help its partners realize their goals. K will be using the proceeds of the financing to expand product development and commercial activities across its multiple divisions: 6K uses proprietary advanced plasma processing and industrial systems to create materials that are enabling the next-generation of commercial and consumer products. 6K is the only premium metal powder supplier for 3D printing produced from sustainable sources, targeting the commercial space, medical, and industrial sectors.