Radian Forge raises $2.5m seed preferred
Its wire-arc additive manufacturing process can bring production closer to shipyards and depots.
Veteran Ventures Capital’s VVC Fund II led the round, with Virginia Innovation Partnership Corporation participating. Existing investors also participated but were not individually named.
Radian plans to scale its manufacturing process and expand maritime and defense production capacity. It uses robotic wire-arc additive manufacturing to produce large metal components.
Use of funds
Scale large-format additive manufacturing
Expand production capacity for the U.S. naval industrial base