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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.
Social
X
Email ID
*****@norsktitanium.com
Key Metrics
Founded Year
2007
Location
Honefoss, Norway
Stage
Public
Total Funding
$53.7M in 9 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
$0 - $1M as on Dec 31, 2022
Employee Count
113 as on Aug 31, 2026
Similar Companies
Exit Details
Public

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:lockFilter this list
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
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Norsk Titanium's founders and board of directors

Founder? Claim Profile
The founders of Norsk Titanium is Alf Bjorseth.
Here are the details of Norsk Titanium's key team members:

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

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:
Employee count trend for Norsk Titanium
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zetwerk
Zetwerk
2018, Bengaluru (India), Series F
Manufacturer of industrial components for energy electronics and aerospace sectors
$931M
71/100
2nd
Logo for Xometry
Xometry
2013, Washington, DC (United States), Public
Provider of on-demand custom manufacturing platform for prototypes and production parts
$200M
71/100
3rd
Logo for Ethereal Machines
Ethereal Machines
2014, Bengaluru (India), Series B
Provider of on demand manufacturing services for industrial machines
$52M
67/100
4th
Logo for Fictiv
Fictiv
2013, San Francisco (United States), Acquired
Provider of on-demand manufacturing services, from prototyping to production
$192M
65/100
5th
Logo for Caracol AM
Caracol AM
2017, Lomazzo (Italy), Series B
Provider of 3D printing training and workshop services
$51.6M
63/100
6th
Logo for Immensa
Immensa
2016, Dammam (Saudi Arabia), Series B
Provider of digital inventory and additive manufacturing solutions for spare parts
$27M
63/100
7th
Logo for Vulcan Forms
Vulcan Forms
2015, Newburyport (United States), Series D
Provider of industrial metal additive manufacturing system
$576M
62/100
8th
Logo for Proto Labs
Proto Labs
1999, Maple Plain (United States), Public
Provider of rapid prototyping and on-demand production manufacturing services
$52.2M
62/100
9th
Logo for Hadrian
Hadrian
2021, Torrance (United States), Series D
Builder of AI‑driven autonomous factories that manufacture precision components
$2.1B
60/100
10th
Logo for Jiga
Jiga
2020, San Francisco (United States), Series A
Provider of marketplace for finding part manufacturer
$16.2M
59/100
36th
Logo for Norsk Titanium
Norsk Titanium
2007, Honefoss (Norway), Public
Manufacturing performance critical titanium components for aerospace and industrial applications
$53.7M
44/100
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Norsk Titanium's Investments and acquisitions

Norsk Titanium has made no investments or acquisitions yet.

Reports related to Norsk Titanium

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News related to Norsk Titanium

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