Alloyed Secures £37m Funding for UK and US Growth
Deal News | Mar 12, 2025 | Business Cloud
Advanced metallic components developer, Alloyed, has successfully completed a £37m Series B funding round. This round was led by Japanese investors SPARX and the Development Bank of Japan, with additional contributions from Aviva Investors and Future Industry Ventures, among others. The funds will aid in expanding the company’s manufacturing facilities in the UK and US, as well as accelerate the development of its digital platforms for designing and processing advanced alloy components. Having spun out from Oxford University seven years ago, Alloyed is now at the forefront of the automated design and manufacturing industry, servicing high-profile clients such as Boeing, Microsoft, and BMW. The company leverages additive manufacturing technologies to enhance the strength, precision, and sustainability of metal components. As Alloyed endeavors to scale its operations, the support from this diverse group of international investors is seen as a significant endorsement of its potential to lead globally in the field of materials science.
Sectors
- Manufacturing
- Investment and Finance
- Materials Science
- Technology
Geography
- United Kingdom – Alloyed is based in the UK and plans to expand its manufacturing facilities there.
- United States – The expansion plans include establishing facilities in the US.
- Japan – Japanese investors such as SPARX and the Development Bank of Japan played a significant role in the funding round.
Industry
- Manufacturing – The core activity of Alloyed involves advanced manufacturing processes, specifically through industrial-scale 3D printing.
- Investment and Finance – The article reports on a significant Series B funding round involving numerous international investors.
- Materials Science – Alloyed operates in the field of designing advanced metallic alloys, highlighting its role in materials science.
- Technology – As Alloyed develops digital platforms for alloy design and processing, it intersects with the technology industry.
Financials
- £37 million – The total sum raised in Alloyed's Series B funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Alloyed | Target Company | Company | A developer of advanced metallic components spun out from Oxford University. |
| SPARX | Investor | Company | A Japanese investment company leading the Series B round. |
| Development Bank of Japan | Investor | Company | A state-sponsored bank participating in the funding round. |
| Aviva Investors | Investor | Company | A global asset manager part of the investment consortium. |
| Future Industry Ventures | Investor | Company | A German-based venture, associated with Redstone and SBI, investing in the funding round. |
| Oxford Science Enterprises | Investor | Company | One of the existing investors in Alloyed. |
| JX Advanced Metals | Investor | Company | An existing investor in Alloyed. |
| Anglo American plc | Customer/Investor | Company | Both a client and an investor in Alloyed. |
| Boeing | Customer | Company | A major customer receiving services/products from Alloyed. |
| Microsoft | Customer | Company | A client utilizing Alloyed's metallic components. |
| BMW | Customer | Company | An automotive company that is a customer of Alloyed's services/products. |
| Michael Holmes | CEO of Alloyed | Person | CEO of Alloyed. |
| Takaki Demichi | Director at SPARX Asset Management | Person | Director and head of investment at SPARX. |