Existing shareholders including Ikea's holding company returned to back a $16.9m round for Metalysis, which produces metal powders for 3D printing.
UK-based metal powder producer Metalysis raised £12m ($16.9m) in funding yesterday from a consortium including Interogo Treasury, the asset management arm of furniture retail chain Inter Ikea’s parent company Interogo Foundation.
Woodford Investment Management, Draper Esprit, ETF Partners and Hercules Capital also took part in the round. Interogo Treasury invested as an existing backer, though details about its earlier involvement have not been disclosed.
Founded in 2001, Metalysis has developed a solid-state process to produce powdered versions of metals and…
