Alumentry

Company Overview

Snapshot

Founded in January 2018 by Haim Baranek, Alumentry operates with 1–10 employees. The company has secured funding across three rounds, totaling $1.15 million from i4Valley and one other investor, to advance its Aluminum Solid Additive Manufacturing (ASAM) technology.

Business overview

Alumentry develops Aluminum Solid Additive Manufacturing (ASAM), a technology for producing aluminum alloy parts. This rapid manufacturing process is designed to handle complex geometries at reduced costs, serving as an alternative to traditional CNC machining. The company's ASAM technology minimizes extensive pre-production and post-production steps, offering a streamlined approach for creating high-complexity parts and subcontracted jobs. Alumentry operates within the industrial technologies sector, focusing on eco-efficient manufacturing, manufacturing processes and systems, and material innovations.

Strategic signal

In November 2024, Alumentry highlighted the transformative impact of industrial startups, emphasizing their role in driving economic change through innovative physical solutions. This signals the company's commitment to addressing global challenges and establishing resilient market positioning through its ASAM technology, which aims to redefine aluminum part production.

Company Intelligence Q&A

What is Alumentry's core technology?

Alumentry has developed Aluminum Solid Additive Manufacturing (ASAM), a technology for producing aluminum alloy parts. This process offers rapid manufacturing for complex geometries at a reduced cost, serving as an alternative to CNC machining.

When was Alumentry founded and by whom?

Alumentry was founded in January 2018 by Haim Baranek, who serves as the Founder & CEO.

How many funding rounds has Alumentry completed?

Alumentry has completed three funding rounds. These include a pre-seed round in March 2021, another pre-seed round in September 2023, and a seed round in March 2024, raising a total of $1.15 million.

Which investor participated in Alumentry's September 2023 funding round?

In September 2023, Alumentry received pre-seed funding from i4Valley. This round was part of the company's total funding of $1.15 million across three rounds.

What is the primary benefit of Alumentry's ASAM technology?

ASAM technology minimizes extensive pre-production and post-production steps typically associated with CNC machining, offering a streamlined approach for creating high-complexity parts and reducing production costs and turnaround times.