LYVA Labs is taking the lead in investing in under-served founders and CEOs. This week, the company...
Atomik AM, a University of Liverpool spin-off, has received £125k in investment from LYVA Labs. The business creates innovative engineering solutions for the advanced manufacturing sector from its base at the University of Liverpool’s School of Engineering.
Having developed a number of techniques and binders that improve the process of binder jetting, the business plans to use the investment from LYVA Labs to accelerate product commercialisation by enabling the team to convert pipeline opportunities into commercial contracts.
The funding also supports the business in developing new intellectual property (IP), filing a new patent, securing eight jobs, and creating a new role: chief operating officer. Atomik AM’s track record includes successful collaborations with blue-chip companies, the filing of multiple patents, and a robust pipeline of innovative IP poised to transform the sector.
Professor Kate Black FREng, founder and CEO of Atomik AM, has proven expertise and leadership in the additive manufacturing sector, having previously founded and successfully exited a company. She says: “This investment is a testament to the groundbreaking work our team is doing to advance additive manufacturing processes. It allows us to expand our capabilities, accelerate innovation, and bring sustainable, cutting-edge solutions to the industry. At Atomik AM, we believe in driving change in manufacturing to create a better future for everyone.”
LYVA Labs’ Head of Investments, Akshay Bhatnagar, added: “We hope this will be the first of many investments alongside the University of Liverpool. Atomik AM exemplifies the excellence found in advanced manufacturing R&D across the Liverpool City Region, and we are pleased to be part of this business’ exciting innovation journey.”
Liverpool City Region Combined Authority invested £10.5m in LYVA Labs to support innovators to turn great ideas into high-growth businesses, as part of Mayor Rotheram’s ambition to invest 5% of regional GVA into research and development (R&D) by 2030. Advanced manufacturing is key to this ambition as it represents a significant sector.
* The image shows the Atomik AM team.
