Modumetal
Company

Last deal

$5.7M

Amount

Venture - Series Unknown

Stage

14.06.2023

Date

13

all rounds

$101.M

Total amount

General

About Company
Modumetal is a nanolaminated alloys producer.

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Also Known As

Modumetal, LLC

founded date

01.01.2007

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company offers alloys that are stronger, lighter, and more corrosion-resistant than steel, made using electricity instead of heat, and at a cost competitive with conventional metals. Modumetal's layered alloy structure, similar to plywood but with nanometer-thick layers, provides superior mechanical, corrosion, wear, and thermal performance, addressing the limitations of current metals. The patented, sustainable manufacturing process uses electricity as the direct input form of energy, affording inherent efficiencies in end part manufacturing and reducing demand for metal raw materials. The market for Modumetal materials exceeds $2 trillion worldwide.
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