ThinkMetal raises ₹27 Cr led by IAN Alpha Fund
By Abha Lohia ·
- ThinkMetal makes metal additive manufacturing systems and its own filament for precision parts used in defence and aerospace
- The startup raised ₹27 crore in a round led by IAN Alpha Fund, with 3i Partners and past backers joining
- It will build products, grow research and push adoption among industrial customers after moving from pilots toward larger deployments
What happened
- ThinkMetal raised ₹27 crore.
- IAN Alpha Fund led the round.
- 3i Partners and existing investors joined.
Why it matters
- Funds R&D and product development.
- Aims for wider industrial adoption.
- Backs indigenous precision manufacturing over imports.
The business
- Sells SistemT1, a metal additive manufacturing system.
- Uses its own FuseX metal filament technology.
- Serves aerospace, defence, space, auto and EV makers.
- Claims parts up to 10x faster at half the cost.
- Has filed over 17 patent applications.
The founders
Who put in money
- IAN Alpha Fund Lead
In numbers
17+IP applications · 2026
What happens next
- Larger commercial deployments.
Other articles talking about it
Terms in this story
- Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at low extra cost. India's government also has a narrower legal definition that decides who gets scheme benefits.
All startup news on 13 October 2026 →
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