CHF 2 million to bring e-forging to the market

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02.02.2023
EPoS technologies press

EPoS Technologies, the Fribourg-based startup that has developed electro-sinter-forging, has raised a CHF 2 million pre-Series A funding round led by Nivalis Group. The start-up will use the funds to build the first industrial-scale Electro-Sinter-Forging press and start the commercialization of components and materials.

Electro Sinter Forging (ESF) is a powder metallurgical method to rapidly produce a wide range of materials and components. Using this technology, EPoS has developed a processing route that takes the production of industrial parts from powders to a new level. ESF is the fastest industrial sintering technology on the market. With a single complete sintering in less than one second and by combining pressing and sintering in one single action ESF has the potential to revolutionize the traditional press and sinter workflow for a more simple, lean, energy efficient, eco-friendly and high quality production.

This new investment from Nivalis Group marks the start of a new development phase for EPoS, who will use the funds to strengthen its team, build the first industrial-scale Electro-Sinter-Forging press and start the commercialization of components and materials. The target for the new machine is to achieve a productivity of one part every five seconds and to double the size of the components that can be manufactured. The young company has already attracted interest from a few highly engaged clients who are actively investing in new eforged products.

Alessandro Fais, EPoS CEO and founder: “Thanks to the commitment of the Nivalis Group, its directors, EPoS historical investors and the key people at EPoS, we are finally close to seeing the first industrial grade Electro-Sinter-Forging machine to produce novel parts and showcase what electrification can do when applied to powder technologies. We are on the brink of a breakthrough that will have a profound impact on the manufacturing world and how new materials and components are developed.”

Nivalis Group President, Christophe Fragnière about this new investment: “We believe that, with their leading-edge technology and the highly skilled team, EPoS has the potential to become an indispensable and invaluable partner to key players in various industries.”

(Press release / SK)

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