Company Overview
Snapshot
Founded in January 2018 by Haim Baranek, Alumentry operates with 1–10 employees. The company has raised $1.15 million across three funding rounds from two investors. In September 2023, Alumentry secured pre-Seed funding from i4Valley.
Business overview
Alumentry develops Aluminum Solid Additive Manufacturing (ASAM) technology for producing aluminum alloy parts. This rapid manufacturing process handles complex geometries at a reduced cost, serving as an alternative to traditional CNC machining. The company's technology is designed to minimize pre-production and post-production steps, offering a streamlined approach for high-complexity parts and subcontracted jobs in the industrial manufacturing sector. Alumentry operates within the Industrial Technologies sector, focusing on manufacturing processes, systems, and material innovations.
Strategic signal
A LinkedIn post in November 2024 highlighted Alumentry's role as an industrial startup creating measurable impact by transforming industries and economies with innovative physical solutions. This signals the company's commitment to tackling global challenges and establishing resilient market positioning through fundamental advancements in manufacturing, reinforcing its potential for real-world change.
Log in to access full profile ›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.
- What was a significant funding event for Alumentry?
- In September 2023, Alumentry secured pre-seed funding, with i4Valley participating as a lead investor.
- What is the total capital raised by Alumentry?
- Alumentry has raised a total of $1.15 million across three funding rounds.
- How does Alumentry's ASAM technology compare to traditional manufacturing methods?
- ASAM technology aims to minimize extensive pre-production and post-production steps typically required in CNC machining. It uses wrought industrial alloys for swift production cycles and significantly lowers production costs compared to conventional metal additive manufacturing techniques.