Early-stage deep-tech hardware startup ThinkMetal has successfully raised $300k in a pre-seed funding round, with leadership from 100X.VC, which was the initial institutional investor in ThinkMetal. Following their participation in the 100X.VC pitch day, a group of investors, including SAT Industries (BSE-listed), KRS Jamwal, and Uday Sodhi, further contributed to the funding round. This infusion of capital will empower ThinkMetal to enhance its offerings.

Founded in 2021 by Sabyasachi Ghosh and Arushi Sharma, ThinkMetal is making significant strides in the manufacturing sector with its metal 3D printing technology. Traditional manufacturing processes are often time-consuming, and existing 3D metal printers are known for their high costs, sluggish operation, and bulky design, which can result in concerns related to print failures and increased expenses. To address these challenges, ThinkMetal is in the process of creating a comprehensive ecosystem that combines proprietary hardware and software solutions, offering an end-to-end solution for metal 3D printing.

Sabyasachi Ghosh, Co-founder and CEO of ThinkMetal, shared insights into the company’s strategy and goals. He emphasized, “ThinkMetal’s strategic vision is closely aligned with the substantial growth potential of the Indian tooling market, which is projected to expand at a steady annual rate of 9 percent. We have set our sights on tapping into this lucrative market, specifically targeting Tier-1 toolmakers and prototype manufacturers serving Original Equipment Manufacturers (OEMs). This strategic approach translates to a sizable Total Addressable Market (TAM) of approximately USD 700 million, representing just a fraction of the overall market potential of metal additive manufacturing. We are currently ramping up our capacity to do trials and pilots with various manufacturing companies. We are committed to simplifying manufacturing. Come to print the future with us.”

Ninad Karpe, Founder & Partner at 100X.VC, expressed excitement about being the first institutional investor in ThinkMetal. He emphasized the importance of disruptive technologies in propelling innovation and growth within India’s robust manufacturing sector. Karpe stated, “ThinkMetal is rightly poised for rapid growth in the years to come.” Arushi Sharma, Co-founder & CTO of ThinkMetal, stated, “We are on a mission to revolutionize manufacturing processes for prototypes, tools, jigs, and fixtures. The company’s ingenious compact metal 3D printer enables the creation of intricate parts right from the convenience of one’s desk and at a significantly accelerated pace.