6K, North AndoverLeader in Boston, MA in sustainable production of engineered materials for lithium-ion batteries and additive manufacturing produced from its UniMelt plasma technology, raised $102M in Series D funding.
Theround was led Koch Strategic PlatformsParticipation from Energy Impact Partners, Albemarle, and HG Ventures.
TheCompany plans to use the funds to expand production for premium 3D metal powders inIt AdditiveDivision and deployment of cathode production plant inIt Energy division.
LedCEO Aaron Bent, 6KUniMelt, a proprietary system for advanced microwave plasma production, was developed by Hassan to transform engineered material into products that advance the industries of additive manufacturing, aerospace, and consumer electronics. 6K’s UniMelt® system replaces a three-day, multi-step, high waste chemical co-precipitation (hydro-met) process with one that is ultra-clean and ultra-fast (as low as 2 seconds), powered by a 6000K microwave plasma.
TheUniMelt systems have been deployed already inHigh volume production 24/7 in 6K Additive’s 45 acre, ISO9001 certified facility.
The $102 million raised is the first of two funding tranches for Series D, which is expected to reach $150 million in total. WithAn expected close in spring 2022, the company will add a limited group of strategic investors.