Funding details
ThinkMetal announced on 13 October 2026 that it raised ₹27 Cr (around $2.8 Mn) in a fresh funding round. India Angel Network's VC fund, IAN Alpha Fund, led the investment, with participation from deeptech-focused VC 3i Partners and other investors.
The startup previously raised around $1.1 Mn from YourNest Venture Capital to scale production of its first-generation system.
Technology and applications
Founded in 2021, ThinkMetal is an advanced materials and manufacturing technology startup based in Chennai, India. It develops indigenous technologies for high-value precision manufacturing, focusing initially on industrial metal additive manufacturing. The company combines materials, manufacturing processes, and application development to address long production lead times and dependence on imported technologies.
Its product stack includes the SistemT1 machine, which uses metal fused additive manufacturing to build components layer by layer from wound metal feedstock, followed by debinding and sintering. The hardware operates alongside proprietary FuseX materials and Thinkware software to build tools such as moulds, dies, jigs, and fixtures. ThinkMetal claims its system produces metal parts up to 10 times faster and at half the cost of conventional manufacturing methods.
The company serves industrial customers across sectors including aerospace, defence, space, automotive, and electric mobility. Its listed customers include Ants Ceramics, ZeQube Technologies, and Hosur CNC.
Growth plans
ThinkMetal plans to use the capital to support its transition from technology development to commercialisation. The funding will go toward product development, expanding materials research and development capabilities, strengthening its material offerings, and driving wider adoption among industrial customers.
The startup also plans to use the new funds to expand its team through hiring.
Leadership
ThinkMetal was co-founded by CEO Sabyasachi Ghosh and CTO Arushi Sharma.