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100X.VC Team
Written by various collaborators within Team 100X.VC
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Jan 24, 2023
Topic

Introduction

ThinkMetal is an innovative deep tech startup that is building a compact metal 3D printer that prints metal products right at your desk faster than ever.

Time is one of the most crucial concerns for customers in the manufacturing sector. Traditional manufacturing processes take very long to manufacture metal tools & prototypes and the metal 3D printers available in the market are often expensive, slow and bulky and often concerns print failure resulting in material wastage and increase in cost.

ThinkMetal is creating an ecosystem of proprietary hardware and software products for an end-to-end solution in 3D printing of metals. They provide customers with software for converting a  3D CAD Model into a 3D printable model, a 3D printer that can print metals, a patented filament and a suitable furnace. ThinkMetal’s patented filament saves at least 14 hours as compared to other metal 3D printers in the segment. . This is not only a more cost effective solution for manufacturers but also largely cuts down the overall time.

ThinkMetal team has Sabyasachi Ghosh and Arushi Sharma, Co-founders who met in a Hyperloop team in college. Both Sabyasachi and Arushi are experienced mechanical engineers with a demonstrated history of working in a manufacturing  start-up and  are skilled in Materials Science, engineering and Analytical R&D.

Market Opportunity:

The Indian manufacturing ecosystem is lacking a 3D metal printing solution focused in the Indian market. ThinkMetal is currently building for the medium scale enterprises catering to the needs of OEM  manufacturers (MSMEs) that are making metal tools like jigs, fixtures etc. This gives them a $130 M recurring revenue beachhead opportunity  and caters to the $5.2 Billion Indian market from a Global market of $230 Billion.

100X.VC Thesis:

Manufacturing  is a notorious aspect in product development , and even tougher for metals. The ThinkMetal team has been able to showcase their ability to solve this problem with proprietary tech in 3D Printing metals. Their proprietary binding agent  & process allows them to 3D print metal in just 2 simple steps . The market of Metal 3D printing is evolving and growing rapidly with use cases like rapid prototyping, tooling, retooling, and spare parts manufacturing. We believe the charismatic team, the intellectual property, and the market allow ThinkMetal to be a once in a lifetime opportunity to build the future of manufacturing from India.

             

Conclusion:

Manufacturing is a notorious aspect in product development, and is even tougher for metals. The ThinkMetal team has been able to showcase their ability to solve this problem with proprietary tech in 3D printing metals. Their proprietary binding agent & process allows them to 3D print in just 2 simple steps. The market of Metal 3D printing is evolving and growing rapidly with use cases like rapid prototyping, tooling, retooling, and spare parts manufacturing. We believe the charismatic team, the intellectual property, and the market allow ThinkMetal to be a once-in-a-lifetime opportunity to build the future of manufacturing from India. We congratulate them and wish them the best of luck!

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