Tech Company Financing Transactions
Wayland Additive Funding Round
Wayland Additive closed a $5.7 million funding round on 4/19/2023. Investors included ACF Investors, Longwall Venture Partners and Metrea Discovery.
Transaction Overview
Company Name
Announced On
4/19/2023
Transaction Type
Venture Equity
Amount
$5,720,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to increase its in-house production capability to deliver more machines and materials to customers, further hire, as well as support further research and development.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Unit 7, Park Valley Court, Meltham Road
Huddersfield, England, HD4 7BH
UK
Huddersfield, England, HD4 7BH
UK
Phone
Website
Email Address
Overview
Wayland Additive can boast a combined 150+ years of industrial electron beam manufacturing expertise. The company was born out of a high precision engineering team with a long and distinguished pedigree in the semiconductor industry, where electron beam widths are measured in nanometers and process instabilities are unacceptable. The use of and experience with eBeam technology in semiconductor manufacturing indicated that its use in additive manufacturing could be improved. Thus, since 2015 a team of eBeam experts from the lithography world began to coalesce around solving the single most serious problem inherent in the eBeam AM process, the charging of the powder.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Will Richardson
Chief Technical Officer
Ian Laidler
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