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Foundation Alloy Technology Explorations

Metal alloys and parts made from powder without melting

Raised to date

$20M

of $22M offered across 1 Form D filing

Still open
$2M
Investors
9
Last filed
Apr 22, 2026

About

Foundation Alloy designs and manufactures advanced engineering alloys using MetalsFIRST, a proprietary solid-state process that makes metal parts from powder without ever melting the metal. Because composition is not constrained by melt chemistry, the company can design alloys for performance and reach grain structures roughly 100x finer than conventionally processed metals, with strength, ductility and thermal stability achieved as-sintered. Its first commercial line is molybdenum alloys - MC700 and the higher-strength MC1200 - with an MC-X grade and specialty steels announced as coming. The technology originated as solid-state metallurgy research at MIT and UC Irvine; the company was founded in 2022, is headquartered in Cambridge, Massachusetts, manufactures domestically, and raised a $10.5M round.

Skipping the melt step decouples alloy composition from castability, so Foundation Alloy can ship alloys with properties conventional metallurgy cannot reach - and compress alloy design to production from years to months, and powder to finished part to days, entirely on US soil.

Funding

  • EquityFiled Apr 22, 2026Form D
    $20M/ $22M

Product

MetalsFIRST

Advanced materials and metal parts manufacturing

A solid-state metal manufacturing process that consolidates metal powder into near-net-shape parts without melting, controlling oxygen and contamination throughout and producing ultra-fine grain structures directly as sintered.

  • Solid-state consolidation - no melting of the metal at any stage
  • Grain structures roughly 100x finer than conventionally processed metal
  • Alloy composition optimized for performance rather than processing constraints

Built for

Engineering and manufacturing teams in automotive, defense, aerospace, semiconductor and consumer goods that specify high-performance metal components

People on file