ThinkMetal raised $800K in a pre-Series A funding round led by YourNest Venture Capital to finalize production readiness and launch their first-generation product.

Jan 28, 2025•11 months ago

Amount Raised

$800,000

Round Type

series a

ChennaiManufacturing

Investors

Sanchi ConnectConcept CommunicationsYour Nest Venture Capital

Description

Deeptech startup ThinkMetal has successfully raised $800,000 in a pre-Series A funding round with participation from Concept Communications and Sanchi Connect. The funds will be used to enhance software capabilities, refine processes, and expand the team in crucial areas.

Company Information

Company

ThinkMetal

Location

Chennai, Tamil Nadu, India

About

ThinkMetal is a deeptech startup co-founded in 2021 by Sabyasachi Ghosh and Arushi Sharma. The company enables manufacturers to produce metal parts using its compact metal 3D printer, SistemT1, claiming to do so 10 times faster and at half the cost. ThinkMetal's FuseX material technology significantly reduces production time and operational costs, addressing challenges in traditional tool manufacturing and low-volume production. Their solutions cater to urban medium-scale and small-scale manufacturers.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends