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.