Magnus Metal Raises $74 Million in Series B Funding to Transform Metal Part Casting With its Revolutionary Digital Casting™ Technology

Magnus Metal Raises $74 Million in Series B Funding to Transform Metal Part Casting With its Revolutionary Digital Casting™ Technology

Apr 18, 2024 by PR Newswire

Key Facts

  • Magnus Metal has developed the Digital Casting TM which blends the benefits taken from both Additive Manufacturing (AM) and traditional casting, while avoiding the typical associated deficiencies - this enables a streamlined supply-chain, digital inventory and remote manufacturing hubs.
  • Magnus Metal is the first and only additive manufacturing technology that uses the Customer's current metal raw material providing huge benefits in adoption rate.
  • "Magnus Metal's technology is at the forefront of the digital casting revolution in metal production, forging transformations in sustainability, flexibility of design processes and massively reducing the time spent in development", says Boaz Vinogradov, CEO of Magnus Metal.
  • About Magnus Metal Magnus Metal is taking casting, a 4000 years old technology, to the digital, Industry 4.0 era, with its breakthrough volume alloy Digital CastingTM System, process and proprietary materials.

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