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.
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.
01/28/25, 10:58 AM
Location
chennaiMoney raised
$800,000
Industry
manufacturing
Round Type
series a
Investors
Sanchi Connect, Concept Communications, Your Nest Venture Capital
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 Info
Location
chennai, tamil nadu, india
Additional Info
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.