Norsk Titanium - About the company
Norsk Titanium is a public company based in Honefoss (Norway), founded in 2007 by Alf Bjorseth. It operates as a Manufacturing performance critical titanium components for aerospace and industrial applications. Norsk Titanium has raised $53.7M in funding from investors like Fortress, Ferd and Applied Materials. The company has 764 active competitors, including 49 funded and 30 that have exited. Its top competitors include companies like Zetwerk, Xometry and Ethereal Machines.
Company Details
Norsk Titanium manufactures titanium components for various industrial applications such as aerospace, Defence, Energy, etc. They patented their proprietary plasma arc Rapid Plasma Deposition (RPD) technology or Direct Metal Deposition(DMD) technology. They collaborated with Alcoa to launch joint 3D Printing technology and Industrial Cooperation Program.
- Website
- norsktitanium.com
- Email ID
- *****@norsktitanium.com
Key Metrics
Founded Year
2007
Location
Honefoss, Norway
Stage
Public
Total Funding
$53.7M in 9 rounds
Latest Funding Round
Ranked
36th among 764 active competitors
Annual Revenue
$0 - $1M as on Dec 31, 2022
Employee Count
113 as on Aug 31, 2026
Similar Companies
Exit Details
Public
Legal entities associated with Norsk Titanium
Norsk Titanium is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Norsk Titanium As CIN: 991457429 , Norway, Active | $0 - $1M (As on Dec 31, 2022) | - | ||
Norsk Titanium As CIN: 991457429 , United States, Active | Jun 21, 2007 | $0 - $1M (As on Dec 31, 2019) | 92 (As on Dec 31, 2020) | - |
Norsk Titanium's IPO details
Norsk Titanium got listed on May 21, 2021.
Click here to take a look at Norsk Titanium's IPO in detail
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Norsk Titanium's funding and investors
Norsk Titanium has raised a total funding of $53.7M over 9 rounds. Its first funding round was on Jul 17, 2015. Its latest funding round was a Post IPO round on Nov 10, 2022 for $*****. 1 investor participated in its latest round. Norsk Titanium has 9 institutional investors.
Here is the list of recent funding rounds of Norsk Titanium:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 10, 2022 | 9379782 | Post IPO | 7364773 | 7504222 | 1156583 | 5870419 |
May 18, 2021 | 3079071 | Series B | 5252706 | 4184450 | 4170493 | 6325438 |
Nov 20, 2017 | 1219332 | Series B | 3891199 | 4068284 | 5070401 |
View details of Norsk Titanium's funding rounds and investors
Norsk Titanium's founders and board of directors
Founder? Claim ProfileThe founders of Norsk Titanium is Alf Bjorseth.
Here are the details of Norsk Titanium's key team members:
- Alf Bjorseth: Co-Founder of Norsk Titanium.
Norsk Titanium's Board of Directors
Norsk Titanium's board has 7 active members. Michael Canario, Bart Van Aalst, Timothy Mark Routley Lintott and John Andersen are part of team and Shan-e-abbas Ashary, Michael James Canario and Jeremy Francis Barnes are independent board members.Here is the list of Norsk Titanium's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
h{yvlqy | Team | - | Current | 7y 5m |
ywapypb | Team | - | Current | 6y 5m |
equwdgo | Team | - | Current | 2y 5m |
imnagmd | Team | - | Current | 6y 3m |
Independent board member | - | Current | 19y 2m | |
xzgview | Independent board member | - | Current | 3y 7m |
hsajj{p | Independent board member | - | Current | 5y 8m |
View details of Norsk Titanium's Founder profiles and Board Members
Norsk Titanium's employee count trend
Norsk Titanium has 113 employees as of Aug 26. Here is Norsk Titanium's employee count trend over the years:
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Norsk Titanium's Competitors and alternates
Top competitors of Norsk Titanium include Zetwerk, Xometry and Ethereal Machines. Here is the list of Top 10 competitors of Norsk Titanium, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of industrial components for energy electronics and aerospace sectors | $931M | 71/100 | ||
2nd | Xometry 2013, Washington, DC (United States), Public | Provider of on-demand custom manufacturing platform for prototypes and production parts | $200M | 71/100 | |
3rd | Ethereal Machines 2014, Bengaluru (India), Series B | Provider of on demand manufacturing services for industrial machines | $52M | 67/100 | |
4th | Fictiv 2013, San Francisco (United States), Acquired | Provider of on-demand manufacturing services, from prototyping to production | $192M | 65/100 | |
5th | Caracol AM 2017, Lomazzo (Italy), Series B | Provider of 3D printing training and workshop services | $51.6M | 63/100 | |
6th | Immensa 2016, Dammam (Saudi Arabia), Series B | Provider of digital inventory and additive manufacturing solutions for spare parts | $27M | 63/100 | |
7th | Vulcan Forms 2015, Newburyport (United States), Series D | Provider of industrial metal additive manufacturing system | $576M | 62/100 | |
8th | Proto Labs 1999, Maple Plain (United States), Public | Provider of rapid prototyping and on-demand production manufacturing services | $52.2M | 62/100 | |
9th | Hadrian 2021, Torrance (United States), Series D | Builder of AI‑driven autonomous factories that manufacture precision components | $2.1B | 60/100 | |
10th | Jiga 2020, San Francisco (United States), Series A | Provider of marketplace for finding part manufacturer | $16.2M | 59/100 | |
36th | Norsk Titanium 2007, Honefoss (Norway), Public | Manufacturing performance critical titanium components for aerospace and industrial applications | $53.7M | 44/100 |
Looking for more details on Norsk Titanium's competitors? Click here to see the top ones
Norsk Titanium's Investments and acquisitions
Norsk Titanium has made no investments or acquisitions yet.
Reports related to Norsk Titanium
Here is the latest report on Norsk Titanium's sector:
News related to Norsk Titanium
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Norsk Titanium secures US Defense funding to advance nickel superalloy productionProactive Investors•Nov 12, 2024•Norsk Titanium, Defense.gov
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Norsk Titanium targets chip space with Hittech/ASML dealEvertiq•Feb 16, 2024•Norsk Titanium, Hittech
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Norsk Titanium Expands Part Production Capabilities At Usa FacilityMetal Am•Jan 15, 2024•Norsk Titanium
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Qarbon Aerospace Welcomes New Leadership With Appointment Of Michael Canario As CEOTextile Industries Media Group•Nov 21, 2023•Qarbon Aerospace, Norsk Titanium
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Norsk Titanium selects CAST Highlight to control open-source software riskMetal Am•May 16, 2023•Norsk Titanium, CAST
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Norsk Titanium progressing towards commercial aerospace expansion with AirbusNewsnReleases•Feb 02, 2023•Norsk Titanium, Airbus Official
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OTC Markets Group Welcomes Norsk Titanium AS to OTCQXGlobeNewswire•Jun 08, 2022•OTC Markets Group, Norsk Titanium
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