What is Foundry Lab?
Foundry Lab specializes in digital metal casting, offering rapid, on-demand production of metal parts for industries such as automotive, aerospace, and defense. Their innovative technology bypasses traditional tooling and minimum order requirements, enabling fast delivery of castings within a week. The company supports a range of alloys and caters to both prototype and larger production volumes, emphasizing domestic manufacturing and resilient supply chains from its Austin, Texas base.
How much funding has Foundry Lab raised?
Foundry Lab has raised a total of $17.7M across 2 funding rounds:
Series A
$8M
Private Equity
$9.7M
Series A (2021): $8M with participation from Founders Fund, Promotion Ventures, Blackbird Ventures, Icehouse Ventures, GD1 Management, WNT Ventures, and K1w1
Private Equity (2025): $9.7M, investors not publicly disclosed
Key Investors in Foundry Lab
Founders Fund
Founders Fund is a prominent venture capital firm known for investing in transformative companies across various sectors and stages, with a history of backing successful tech giants.
Promotion Ventures
Promus Ventures is an investment firm focused on early-stage DeepTech startups, supporting ambitious founders who aim to solve complex global problems with innovative solutions.
Blackbird Ventures
Blackbird Ventures is an Australian venture capital firm dedicated to partnering with ambitious founders from the earliest stages, providing support and investment throughout their company's lifecycle.
What's next for Foundry Lab?
The substantial enterprise-level funding positions Foundry Lab for significant scaling and technological advancement. This capital injection is expected to fuel expansion of production capabilities, further development of their digital casting platform, and broader market penetration. The company's focus on domestic manufacturing and resilient supply chains aligns with current industry trends, suggesting a strategic push to capture a larger share of the on-demand manufacturing market.
See full Foundry Lab company page
