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Digital Alloys
Develops high-speed, multi-metal additive manufacturing systems that print production quality parts
About Digital Alloys
Digital Alloys, Inc. was a developer of multi-metal additive manufacturing systems, founded in 2017 as a spin-out from NVBOTS. The Burlington, Massachusetts-based company aimed to make metal 3D printing more economical for a wider range of applications. The company was led by CEO Duncan McCallum, an experienced entrepreneur and former venture capitalist with degrees from MIT and Harvard Business School. The leadership team also included CTO Carl Calabria, a veteran of the additive manufacturing industry from companies like FormLabs and Markforged.
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The core of Digital Alloys' business was its patented Joule Printing™ technology. This process utilized commodity metal wire, a significantly cheaper alternative to the metal powders used in many other systems. The technology worked by passing an electrical current through the wire at the point of deposition, using resistance heating to melt it instantly and precisely. This method was designed for high-speed printing, with deposition rates of 5-10kg per hour, while using very little power. A key feature was the voxel-level control and data recording for every part printed, which enabled non-destructive quality assurance through machine learning analysis. The resulting parts were consistently dense (over 99.5%) and stronger than castings, without requiring common post-processing steps like debinding or sintering.
Digital Alloys targeted its technology toward industries that work with hard-to-cut, design, or source metals, including aerospace, automotive, and consumer products. The company attracted significant investment from notable backers. It raised $5 million in a Series A round in 2017, followed by a $12.9 million Series B round in 2018 led by G20 Ventures and including strategic investors like Boeing HorizonX Ventures and Lincoln Electric. These partnerships were aimed at accelerating the use of additive manufacturing for structural aerospace parts and other industrial applications. Despite its promising technology and strong backing, having raised a total of $19 million, Digital Alloys was unable to fully bring its products to the mass market and ceased operations, liquidating in July 2021. Keywords: metal additive manufacturing, Joule Printing, wire-feed 3D printing, multi-metal printing, resistance heating, aerospace manufacturing, automotive tooling, 3D printing technology, Duncan McCallum, Carl Calabria, high-speed metal printing, commodity wire feedstock, voxel-level control, dense metal parts, conformally cooled tools, titanium 3D printing, advanced manufacturing, G20 Ventures, Boeing HorizonX, Lincoln Electric, Khosla Ventures, additive manufacturing systems, production quality parts, industrial 3D printing, metal fabrication
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Press, funding announcements and product moves mentioning Digital Alloys.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Aug 2018 | $13M | $52M | Khosla Ventures · Boeing · G20 Ventures | — |
| EARLY VCEquity / VC | Dec 2017 | $0 | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Digital Alloys is 1.6K monthly website visits, up 0% over the last three months. Digital Alloys's team grew 0% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Khosla Ventures
G20 Ventures
Boeing
Other known investors4 additional known investors
- APAJ Perez
- BGBantam Group
Michael Foley, PhD
Plug and Play
Source: Dealroom Talent Intelligence.
Global footprint
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