Source: TechCrunch
Summary
Foundation Alloy, a startup, has raised $22 million to scale up production of its alloys. The company’s unique approach involves beating metals into submission, rather than heating them. The funding will be used to increase production capacity and meet growing demand for its innovative alloys.
Our Reading
The launch follows a familiar script.
Foundation Alloy is scaling up production of its beaten-into-submission alloys, because who needs heat when you can just whack metals into shape? The company’s approach is being hailed as innovative, because “beating metals” sounds way cooler than “using a different manufacturing process.” With $22 million in new funding, Foundation Alloy is ready to take its, ahem, unique approach to the masses.
Author: Evan Null
