Manufacturing  December 6, 2022

Lafayette additive manufacturer secures $2 million in financing to expand

LAFAYETTE — A Lafayette manufacturer of 3D metals has closed on a $2 million financing round that will propel the company’s expansion.

Fortius Metals Inc., a spinoff of Erie-based Elementum 3D Inc., reported this morning that it has closed on a priced seed financing round with AM Ventures. The $2 million round will be used to scale manufacturing capacity, grow the company and accelerate its go-to-market  strategy, the company said in a press release.

Fortius Metals is a large format additive manufacturing company that specializes in advanced materials to help customers develop solutions previously not possible with robotic 3D printing. Fortius…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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