Metal 3D printing powder company Elementum attracts SCOA investment

Additive manufacturing research and development company Elementum 3D has received investment from Sumitomo Corporation of Americas through its Series A funding round. The undisclosed amount has been given to Elementum in order to support its endeavours in the development of advanced metal, composites and ceramic materials for 3D printing. It represents SCOA’s fourth investment in the additive manufacturing market, after backing aerospace supplier Sintavia, manufacturer AREVO, and service bureau Shapeways. Elementum is working to develop and deliver materials to market that it believes have previously not been processable on Direct Metal Laser Sintering platforms. These materials are said to boast a range of high-performance properties, such as high strength, durability and conductivity and resistance to heat, oxidation and corrosion, and are enabled by the company’s patent-pending Reactive Additive Manufacturing technology.