Fortify Secures $10M Series A Funding

Fortify, a Boston-based additive manufacturing start-up and pioneer in Digital Composite Manufacturing (DCM), has closed a $10M Series A funding led by Accel with additional participation from Neotribe, Prelude Ventures, and Mainspring Capital Partners. The funding will support the launch of Fortify’s Discovery Partner Program and the growth of the Fortify team. This follows a previous seed round this year of $2.5M. Fortify’s revolutionary ‘Fluxprint’ technology combines magnetics and digital light processing (DLP) 3D printing to produce composite parts with optimized mechanical properties. This is achieved by precisely orienting reinforcement fibers throughout the parts. Additionally, Fortify this year introduced the Fortify Fiber Platform, inviting materials companies and resin suppliers such as DSM, BASF and others to develop high-performance resins in conjunction with Fortify material scientists and engineers. For identifying growth opportunities in the global 3D printing materials market, please visit http://www.lucintel.com/3d-printing-materials-market-2020.aspx