Tech Company Financing Transactions
Fortify Funding Round
Accel Partners, Cota Capital and Lockheed Martin joined a $12.5 million funding round for Fortify. The round was announced on 6/2/2023.
Transaction Overview
Company Name
Announced On
6/2/2023
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its capabilities and accelerate the development of its Digital Composite Manufacturing (DCM) platform.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
28 Damrell St. B04
Boston, MA 02127
USA
Boston, MA 02127
USA
Phone
Website
Email Address
Overview
Fortify was created to break the cycle of long lead times and inferior materials in traditional manufacturing. The company was founded on research on composite 3D printing by Randall Erb and Joshua Martin at Northeastern University. Their goal was to enable quick and seamless fabrication of composites with optimized microstructures.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joshua Martin
Co-Founder
Andrew Caunter
Co-Founder
Randy Erb
Co-Founder
Daniel Shores
VP - Bus. Development
Benjamin Arnold
VP - Bus. Development
Karlo Reyes
VP - Engineering
Scott Goodrich
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