Funding News: Deeptech Startup 'ThinkMetal' secures $800K in Pre-Series A Funding

Startup: ThinkMetal

Founders: Sabyasachi Ghosh and Arushi Sharma,

About us: ThinkMetal offers a compact metal 3D printer that prints metal parts right at your desk faster than ever. They are an early-stage deep-tech start-up revolutionizing the way we manufacture & redefine 3D printing to print a better future. They innovate 3D printing to print metals, & functionally graded materials and are building an ‘Ecosystem’ for end-to-end solutions in 3D printing.

Founded Year: 2021

Office: Chennai

Sector: Deeptech

Funding round: Pre-Series A

Investors: YourNest Venture Capital. Concept Communications and Sanchi Connect.

As part of the YourNest-SanchiConnect Velocity Program 2024, ThinkMetal, a deeptech startup, raised $800,000 (roughly 6.7 crore) in a Pre-Series A funding round.

ThinkMetal had previously raised $300,000 in a seed round led by 100X.VC, in which Concept Communications, SAT Industries, and investors like KRS Jamwal and Uday Sodhi also participated.

According to a press release from ThinkMetal, the money will be used to complete production readiness, introduce the first-generation product, improve software capabilities, streamline operations, and grow the team in crucial departments like sales, operations, design, and software development.

Website: https://thinkmetal.in/