Freemelt
Develops and sells open-source Electron Beam Powder Bed Fusion (E-PBF) metal 3D printers for industrial production and materials research.
- CEO / Founder
- Daniel Gidlund
- Team Size
- 11-50
- Stage
- Public
- Total Funding
- $11.7M
- Latest Round
- IPO
- Key Investors
- Industrifonden; VoimaVentures; Stanley Freeman Druckenmiller; Eclipse; 1789 Capital
Technology & Products
Key Products
Freemelt ONE (research platform); e-MELT (industrial production machine); eMELT-iD (industrial machine)
Technological Advantage
Proprietary E-PBF technology achieves high densities for challenging materials like tungsten, validated by customers like UKAEA for fusion applications. The open-source approach accelerates materials parameter development, creating a user-driven ecosystem. Modular industrial design aims to improve uptime and scalability.
Differentiation
Value Proposition
Provides high-temperature, open-platform E-PBF systems enabling faster build rates and processing of complex, high-performance materials (e.g., tungsten, refractory alloys) critical for demanding applications, reducing development cycles for new materials.
How They Differentiate
Open-source platform vs. closed systems of Arcam/GE; modular industrial design for higher uptime; focused on enabling new material development rather than just production of known alloys.
Market & Competition
Target Customers
Industrial manufacturers, research institutions, and OEMs in aerospace, defense, energy, and medical technology.
Industry Verticals
Aerospace/Defense; Energy; Medical; Industrial Manufacturing
Competitors
Arcam EBM (GE Additive); JEOL; Wayland Additive
Growth & Milestones
Growth Metrics
2025 was a record year for machines sold, installed, order intake, and sales.
Major Milestones
Listed on Nasdaq First North Growth Market (2021); First delivery to China (Jiuli Hi-Tech Metals, 2025); Strategic partnership with Scanfil for manufacturing outsourcing; Follow-on order from Swedish defense company for prototype development (2026)
Notable Customers
UK Atomic Energy Authority (UKAEA); Jiuli Hi-Tech Metals; Unnamed leading Swedish defense company; Unnamed global orthopedic implant OEM