Seattle, United States
Modumetal, Inc. is a company pioneering the manufacture of a new class of nanolaminated metals with applications across a range of industries. Founded in 2007 and headquartered in the United States, Modumetal is revolutionizing the performance and manufacturing efficiency of advanced materials. The market for Modumetal materials exceeds $2 trillion worldwide, indicating significant growth potential.
Modumetal is a layered alloy, similar in structure to plywood, but comprising layers that are on the order of nanometers in thickness. These nanolayered alloys offer superior mechanical, corrosion, wear, and thermal performance while being comparable in cost to conventional non-layered metals. This innovative approach addresses the limitations of current metals in areas such as corrosion, wear, fatigue, and weight.
One of the key aspects of Modumetal is its patented, sustainable manufacturing process that uses electricity as the direct input form of energy. This process enables the production of nano-layered materials at an industrial scale and a competitive price, representing a major shift in the way metals are manufactured. This affords inherent efficiencies in end part manufacturing and reduces demand for metal raw materials.
The recent $5.69M Venture Round investment on 14 June 2023 by ID8 Investments further validates the confidence of investors in Modumetal's disruptive technology and its potential impact across the Industrial, Manufacturing, Oil and Gas industries. This injection of capital is expected to accelerate Modumetal's growth and market penetration, positioning the company as a significant player in the evolving materials industry.
