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Foundry Lab
A hardware + software product that delivers same-day production of metal parts - directly from CAD file
About Foundry Lab
Founded by David Moodie, an entrepreneur with over two decades of experience in product development, Foundry Lab is a New Zealand-based company that has developed a digital metal casting system. Moodie's background in experiencing the slow and expensive process of traditional metal casting for prototypes led him to establish the company to address these inefficiencies.
The company's core offering is a system that combines 3D printing with microwave furnace technology to enable the production of functional, dense metal parts within hours. This process bypasses the need for traditional foundry tooling, which can take weeks or months to create. The system works by 3D printing ceramic molds and then using a proprietary microwave furnace to cast metals like aluminum, delivering parts with the same physical properties as those made through traditional die casting.
Foundry Lab operates in the manufacturing and prototyping market, serving clients who require rapid iteration and production of metal components, such as automotive manufacturers and engineering firms. The business model is centered on the sale of their digital metal casting systems. The company has attracted investment from notable figures in the technology and manufacturing sectors, including Rocket Lab founder Peter Beck.
Source: Dealroom company dataAt a glance
- Founded
- 2018
- Headquarters
- Wellington, New Zealand
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
WNT Ventures
Promus Ventures
Icehouse Ventures
Founders Fund
Greenlight Ventures NZ
Series A5 investors entered at this stage
Blackbird Ventures
Global From Day One
K1W1- KIKarl Iagnemma
- CBCarl Bass
Source: Dealroom Talent Intelligence.
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