6K raises $82 million in in Series E funding

The funds are secured to further expand production capabilities

6K, an American manufacturer of engineered materials for lithium-ion batteries and metal powders for additive manufacturing, announced the raising of $82 million in a Series E funding round. The capital was secured through an insider-led investment, with participation from investors including Anzu Partners, Energy Impact Partners, LaunchCapital, Material Impact, and Volta Energy Technologies.

The additional funding is intended to enable the company to scale up production of battery cathode materials (CAM) and increase production of metal powders for additive manufacturing. The $82 million represents the first close of the Series E round, with a second close expected later in the fall.

Dr. Aaron Bent has resigned from his position as CEO, handing over the reins to the current Chief Operating Officer, Dr. Saurabh Ullal, who has assumed the new role effective immediately.

6K Additive is the world’s first producer of metal powder for 3D printing, manufactured from sustainable sources. The company offers a full range of premium powders, including nickel, titanium, copper, stainless steel, aluminum alloys, and refractory metals such as tungsten, niobium, and rhenium. The company uses its UniMelt microwave plasma process at a production scale to precisely spheroidize metal powders, while controlling the chemical composition and porosity of the final product with zero contamination and high production efficiency.

Source: www.6kinc.com