Liverpool-based Atomik AM has secured €713,000 in funding from the Northern Powerhouse Funding Fund II. The superior manufacturing firm, based in 2022 by Professor Kate Black, makes a speciality of sustainable supplies and patented applied sciences for manufacturing options. The funding will enable the corporate to extend its group by 40% and discover bigger premises for additional development.
Atomik AM presently employs 10 individuals and works with multinational firms together with Unilever and Ricoh. The corporate is creating a number of manufacturing merchandise, together with a Common Binder utilized in 3D metallic printing for automotive, aerospace, and power sectors. They’ve additionally created a course of for changing aluminum metallic waste into merchandise reportedly extra sturdy than aluminum alloy options.
“At Atomik AM, we imagine that true innovation begins with placing supplies and sustainability first,” mentioned Professor Kate Black, CEO and Founder. “This funding will enable us to develop our group and scale our patented applied sciences, accelerating our means to ship cleaner, extra environment friendly manufacturing options.”
The funding comes at a time when addressing manufacturing emissions has develop into more and more essential. In accordance with UK authorities statistics revealed in 2024, the manufacturing sector contributed 16% of the UK’s greenhouse fuel emissions in 2022. Atomik AM’s sustainable strategy contains creating inks for 2D sensor printing and creating options that take away pointless assets like water from manufacturing processes.
This newest funding follows a earlier €148,700 funding from Liverpool Metropolis Area Mixed Authority-backed LYVA Labs earlier this 12 months. Louise Chapman, NPIF II Fund Principal at Praetura Ventures, famous the corporate’s “solutions-focused method of working” and holistic strategy to enhancing manufacturing processes as key elements of their funding determination.
Supply: eu-startups.com
