Perseus Materials
On-site, mold-less composite fabrication technology for producing strong, lightweight, oversize load-bearing structures using a proprietary process that integrates aspects of pultrusion and 3D printing.
- CEO / Founder
- Dan Lee
- Team Size
- 11-50
- Stage
- Active
- Total Funding
- $1.55M+ (including undisclosed Lockheed Martin investment)
- Latest Round
- Strategic Investment (Lockheed Martin Ventures)
- Key Investors
- Launch Tennessee, Oak Ridge National Laboratory, Lockheed Martin Ventures
Technology & Products
Key Products
["Proprietary composite fabrication process","On-site manufacturing technology for oversize load-bearing structures"]
Technological Advantage
Combines elements of pultrusion and 3D printing to achieve high-performance, lightweight composites with reduced production time and lower transportation costs.
Differentiation
Value Proposition
Provides sustainable, rapid, and localized manufacturing of composite building materials that reduce lead times and environmental impact.
How They Differentiate
Focuses on on-site, continuous composite fabrication with a patent-pending mold-less process, offering significant logistical and sustainability advantages over traditional centralized manufacturing.
Market & Competition
Target Customers
Construction, infrastructure, and energy sectors
Industry Verticals
["Construction","Infrastructure","Energy"]
Competitors
CarbonCure Technologies; Ecovative; BASF
Growth & Milestones
Growth Metrics
Early-stage growth evidenced by active participation in accelerator programs and startup events.
Major Milestones
["Winner at JEC Composites Startup Booster 2025","Secured $1.5 million in non-dilutive funding","Participation in Startup Day 2024 hosted by Innov865 Alliance/ORNL"]
Recent coverage of Perseus Materials
- Stanford-spinout Perseus Materials secured a strategic investment from Lockheed Martin to scale its self-propagating composite technology.
- Perseus Materials has secured a strategic investment from Lockheed Martin Ventures to scale its large-format composite 3D printing.
- Perseus Materials has closed a strategic investment from Lockheed Martin Ventures to scale its continuous molding LFAM technology.
- Perseus Materials secured a strategic investment from Lockheed Martin Ventures to scale mold-free additive manufacturing for large composites.
- Lockheed Martin Ventures has made a strategic investment in Knoxville-based Perseus Materials to advance large-format composite 3D printing.