Boeing boosts Digital Alloys’ metal 3-D printing tech

Metal 3-D printing
Digital Alloys has developed a technology known as Joule Printing for additive manufacturing of metal components. (Digital Alloys Photo)

Boeing HorizonX says it’s investing in Digital Alloys, a Massachusetts-based startup specializing in metal additive manufacturing, which adds to more than a dozen companies in Boeing’s tech venture capital portfolio.

The $12.9 million Series B financing round announced today was led by G20 Ventures. Other participants in the round include Lincoln Electric and Khosla Ventures, a prior investor. Boeing HorizonX didn’t announce how much it was putting in, but its investments are typically in the multimillion-dollar range.

Digital Alloys, which was spun out from NVBots last year, is virtually certain to see its metal 3-D printing technology used to build Boeing aerospace parts.

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