Manufacturing - April 2021

Page 12

GLOBAL NEWS

1

US, BOSTON

3D printing: Fortify secures US$20mn in Series B funding Led by Cota Capital, 3D printing startup Fortify has secured US$20mn in its Series B funding. The secured funding will help the company to scale up its manufacturing operations, fueling the growth of its team, accelerating its expansion in high-value application spaces, and transiting to volume manufacturing of the Flux Series 3D printers.

12

April 2021

2

US

US DOE to support domestic manufacturing with US$24.5mn Addressing environmental challenges, the US department of Energy (DOE) plans to support domestic manufacturing improvements with US$24.5mn in funds to build resilient, modern electricity infrastructure.


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