Deep tech · Pre-seed
Ferro Fab
Additive manufacturing of industrial spare parts on demand. Raising pre-seed capital to expand after two mining pilots.
Round progress
••• of $800,000
Instrument
SAFE
Min cheque
$25K
Valuation cap
•••
Deadline
187 days
Committed capital and the valuation cap open after sign-in.
Problem
Mining operators wait weeks for a single obsolete part.
Solution
A qualified digital inventory printed locally to certified specs.
Traction
Two mining pilots, 340 parts qualified, $410k in orders.
Team
Metallurgists from CSIRO plus a foundry operator; 9 people.
Use of funds
60% engineering and product, 25% go-to-market hires, 15% compliance and working capital.
Early-stage investing carries a high risk of losing all capital. GAIN does not hold investor funds and does not give investment, legal or tax advice.