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Industrial·Series A

FoundryLab

Revolutionising metal casting with a proprietary electric furnace platform that reduces time-to-part from weeks to hours. Serving global automotive and industrial customers.

FoundryLab revolutionises traditional metal casting with its rapid digital metal casting system, allowing companies to produce fully functional cast metal parts in mere hours rather than weeks or months. The company modernises manufacturing through innovative casting technology that enables faster production timelines.

Why we invested

Metal casting has barely changed in a century: slow, expensive, outsourced, and completely impractical for the small-batch R&D work that modern hardware companies actually need. FoundryLab changes that with Digital Metal Casting, a hardware-enabled software system that takes a CAD file and produces a fully dense cast metal part in the same day, at $13 per part versus $240 for CNC. The IP sits in a proprietary microwave melting chamber and mold system that no one else has, with early traction in demanding industries including aerospace and defense where speed and precision are non-negotiable. David Moodie spent 15 years designing the metal parts that existing methods failed to deliver cheaply, which means he built the solution he personally needed, and that is always a good place to start.

Headquarters
Wellington, New Zealand
GD1 lead
Vignesh Kumar
FoundryLab
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