Alloyed Raises £37M Series B to Scale Digital Alloy Design for Aerospace and Electronics

Alloyed, the Oxford University spin-out specialising in advanced metallic alloys and components for additive manufacturing, has closed a £37 million Series B funding round. The round was led by Japanese investors SPARX Asset Management and the Development Bank of Japan, with participation from Aviva Investors and Future Industry Ventures (a Redstone and SBI fund). Existing investors Oxford Science Enterprises, JX Advanced Metals, and Anglo American also participated.

Founded in 2017 and headquartered in Abingdon, Oxfordshire, Alloyed designs and manufactures high-performance metallic alloys optimised for industrial-scale 3D printing — or additive manufacturing — which allows complex multi-functional parts to be produced as a single metal component. The company’s Abingdon facility already houses one of the largest fleets of additive manufacturing machines in Europe.

Alloyed’s materials serve a wide range of demanding applications: lightweight structural components for satellites and antennas, high-temperature nickel superalloys for jet engines, precision copper alloys for high-performance computing cooling systems, and titanium and aluminium alloys for wearables including VR headsets and smartwatches. Its current customers include Boeing, Microsoft, BMW, and Anglo American.

CEO Michael Holmes described the company’s mission plainly: “After 5,000 years, metal remains the material of choice for the toughest jobs, and our mission is to harness our digital platforms to make metal components lighter, stronger, and more precise, all while reducing costs and maximising sustainability.” The company sees high-performance alloys as a critical enabling material for the energy transition, as manufacturers seek stronger, lighter metals for next-generation technologies.

The Series B proceeds will fund the expansion of Alloyed’s manufacturing facilities in both Abingdon and Seattle, as well as continued development of its proprietary digital alloy design and processing platforms. The Japanese investor consortium reflects growing interest from Asian industrial players in UK advanced materials capabilities.

Sources

• 3D Printing Industry — Alloyed Raises £37M (March 2025)
• Tech.eu — Alloyed raises £37M for additive manufacturing (March 2025)