Foundry Lab - About the company
Foundry Lab is a series B company based in Wellington (New Zealand), founded in 2018. It operates as a Production of metal parts using digital metal casting. Foundry Lab has raised $21.7M in funding. The company has 8 active competitors, including 2 that are funded. Its top competitors include companies like AnyCasting Software, AnyCasting Software and EKK.
Company Details
Production of metal parts using digital metal casting. It offers manufacturers control over production, timelines, and innovation. It enables rapid on-site part casting to keep production schedules on track and reduce dependency on complex supply chains. It facilitates prototyping and short-run production, avoiding tooling expenses and ensuring parts are fit for purpose.
- Website
- foundrylab.com
- Email ID
- *****@foundrylab.com
Key Metrics
Founded Year
2018
Location
Wellington, New Zealand
Stage
Series B
Total Funding
$21.7M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 8 active competitors
Similar Companies
Legal entities associated with Foundry Lab
Foundry Lab is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Foundry Lab Limited CIN: 6929413 , New Zealand, Active | - | - |
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Foundry Lab's funding and investors
Foundry Lab has raised a total funding of $21.7M over 2 rounds. Its first funding round was on Jan 30, 2025. Foundry Lab has 3 institutional investors.
Here is the list of recent funding rounds of Foundry Lab:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 04, 2025 | 8229336 | Series B | 2608839 | 7190339 | 6982012 | 5114066 |
Jan 30, 2025 | 4851747 | Series B | 8094001 | 3123241 | 9433912 | 7225664 |
View details of Foundry Lab's funding rounds and investors
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Foundry Lab's Competitors and alternates
Top competitors of Foundry Lab include AnyCasting Software, AnyCasting Software and EKK. Here is the list of Top 10 competitors of Foundry Lab, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Foundry Lab 2018, Wellington (New Zealand), Series B | Production of metal parts using digital metal casting | $21.7M | 31/100 | |
2nd | AnyCasting Software 2011, Seoul (South Korea), Unfunded | Provider of metal casting simulation solution | - | - | 28/100 |
3rd | AnyCasting Software 2001, Seoul (South Korea), Funding Raised | Provider of casting simulation software | - | 27/100 | |
4th | EKK 1991, Farmington Hills (United States), Unfunded | Metal cast simulation software provider | - | - | 24/100 |
5th | Provider of AI and cloud-based simulation software for steel | - | 23/100 | ||
6th | Poligon Cast 2024, Thornton (United States), Unfunded | Metal casting simulation software provider for defect prediction | - | - | 16/100 |
7th | Mold filling and solidification simulation software for the metal casting industry | - | - | 16/100 | |
8th | Finite Unfunded | Developer of casting simulation software for solidification and fluid dynamics | - | - | 16/100 |
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Foundry Lab's Investments and acquisitions
Foundry Lab has made no investments or acquisitions yet.
News related to Foundry Lab
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•
US Army Validates Foundry Lab’s Digital Metal Casting with Startup’s First Sale3DPrint.com•Nov 21, 2024•Foundry Lab, U.S Army
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Foundry Lab collaboration with Eaton advances prototyping, AMModern Casting•Nov 28, 2023•Foundry Lab, Eaton
•
Foundry Lab Announces Ground-breaking Development Effort with EatonPR Newswire•Nov 02, 2023•Foundry Lab, Eaton
•
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Foundry Lab Exits Stealth Mode With “Breakthrough” Digital Metal Casting Technology3D Printing Industry•Nov 30, 2021•Blackbird Ventures, Foundry Lab, Foundry Lab, Icehouse Ventures and 4 others
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