Cogne
Produces high-performance tool steels and special alloys integrated into the metal additive manufacturing value chain.
- CEO / Founder
- Massimiliano Burelli
- Team Size
- 1,001-5,000
- Stage
- Active
- Total Funding
- €245.0M
- Latest Round
- Acquired
- Key Investors
- Walsin Lihwa (Majority Shareholder), Marzorati Family.
Technology & Products
Key Products
Special steels; High-performance tool steels; Alloys
Technological Advantage
Leverages a century-long heritage in electric steel plant development and specialized alloy production to transition into a materials supplier for the AM market.
Differentiation
Value Proposition
Provides high-performance tool steels for industrial applications, leveraging a historical foundation in steel production to supply specialized materials for the AM ecosystem.
How They Differentiate
Fully integrated production cycle from scrap/raw material melting to gas atomization, ensuring full traceability and chemistry control. Specializes in niche high-performance alloys like valve steels and nitrogen-strengthened stainless steels not commonly offered by commodity powder suppliers.
Market & Competition
Target Customers
Aerospace, medical, and energy OEMs and Tier-1 suppliers requiring high-purity stainless steel and nickel alloy powders for Laser Powder Bed Fusion (L-PBF) and Directed Energy Deposition (DED).
Industry Verticals
Industrial; Manufacturing
Competitors
Sandvik (Osprey), Carpenter Additive, Voestalpine (Böhler/Uddeholm).
Growth & Milestones
Growth Metrics
Annual revenue exceeded €600M in 2021; 70% stake acquired for €210M in 2022 to expand global distribution.
Major Milestones
Original Miniere di Cogne founded by Charles Van der Straten Pontoz; Electric steel plant development by Pio Perrone during WWI; Relaunched as Cogne Acciai Speciali in 1994; Recent restructuring to enable AM integration
Notable Customers
Ferrari; Maserati; MX3D; Cracking Art; General Electric (GE); Mannesmann Stainless Tubes (MST); A.Abete Srl; Collins Aerospace Italy