ThinkMetal Raises Rs 27 Cr From IAN Alpha Fund & Others

ThinkMetal raises Rs 27 cr from IAN Alpha Fund & others

ThinkMetal raises Rs 27 crore led by IAN Alpha Fund to scale SistemT1 metal additive manufacturing, expand materials R&D, and boost aerospace, defence and EV adoption.

Manufacturing Startup ThinkMetal Raises ₹27 Cr To Initiate Commercialisation

Manufacturing startup ThinkMetal has raised ₹27 Cr (around $2.8 Mn) in a funding round led by India Angel Network’s VC fund IAN Alpha Fund. Other investors, including deeptech focused VC 3i Partners, among others, also participated in the round. The fresh funding will help ThinkMetal in developing its product stack, expand the type of materials it utilises as well as strengthening its R&D capabilities. The Chennai-based metal additive manufactur…