Quick Summary
• Foundation Alloy has just raised $22 million in Series A financing. The alloy company is trying to create a platform that will enable the solid state manufacturing of alloys. In...
Additional Context
Foundation Alloy has just raised $22 million in Series A financing. The alloy company is trying to create a platform that will enable the solid state manufacturing of alloys. In the UK, the Fray-Farthing-Chen (FFC) Cambridge process has led to a revolutionary new approach to alloy manufacturing. That process is used by Metalysis to make alloys. Now, Foundation wants to do a similar process in the US, but for molybdenum, which I hope never becomes popular since I still can’t pronounce it properly (the secret is to say it like a bored teenager, “moh-lib-den-um,” but steer away from emphasizing the “lib-den” part for fear of confusing the British). Molybdenum may seem very niche but…and this is going to shock you…the high-temperature refractory has potential for defense applications. Molybden