SUN METALON raised $21 million in a Series A funding round led by JIC Venture Growth Investments and HITE Hedge Asset Management to advance their innovative metal additive manufacturing technology.
Amount Raised
$21 Million
Round Type
Series A
Redondo BeachManufacturingInvestors
Description
SUN METALON Inc. closed a $21 million Series A funding round supported by JIC Venture Growth Investments, HITE Hedge Asset Management, and Sumitomo Corporation Global Metals. The investment will help the company further develop its breakthrough metal additive manufacturing and recycling technologies.
Quick answer
SUN METALON raised $21 Million in a Series A round, dated October 3, 2024. Investors: HITE Hedge Asset Management, Scrum Ventures, Globis Capital Partners, D4 V, I Nest Capital, Berkeley Skydeck, JIC Venture Growth Investments and Sumitomo Corporation Global Metals. SUN METALON is based in Redondo Beach, California, United States.
- How much did SUN METALON raise?
- SUN METALON raised $21 Million in a Series A round on October 3, 2024.
- Who invested in SUN METALON?
- HITE Hedge Asset Management, Scrum Ventures, Globis Capital Partners, D4 V, I Nest Capital, Berkeley Skydeck, JIC Venture Growth Investments and Sumitomo Corporation Global Metals are named as investors in this round.
- What does SUN METALON do?
- SUN METALON provides cost-effective technology to decarbonize metal manufacturing through recycling, refining, and forming.
- Where is SUN METALON based and how big is it?
- SUN METALON is based in Redondo Beach, California, United States.
- Who are the decision-makers at SUN METALON?
- Fundz holds 1 contact at SUN METALON, including the Executive Officer, Director, Promoter. 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 SUN METALON that raised within 45 days of this round, from Fundz verified event records.
- Hydrogen Mem-Tech raised an undisclosed amount (Equity Crowdfunding) on November 15, 2024.
- EMBIO Diagnostics raised $2.6M (Seed) on November 15, 2024.
- Vaulted Deep raised $32M (Series A) on November 15, 2024.
- DF Automation & Robotics raised $1.9M (Seed) on November 15, 2024.
- Vecmocon Technologies raised $10M (Series A) on November 15, 2024.
- Skydio raised $170M (Series E) on November 15, 2024.
Who to call at SUN METALON, and when
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- An alert the day SUN METALON raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SUN METALON, from your own LinkedIn network
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