EPOS RAISES CHF 1 MILLION LATE SEED FUNDING IN A ROUND LED BY NIVALIS GROUP
PRESS RELEASE
Villaz-St-Pierre, 13 December 2021
EPoS, the award-winning Italian startup specialized in developing new electro-sinter-forging technologies, announces today it has raised a CHF 1 million late seed funding round led by Nivalis Group.
Experts in sinter-forging, EPoS designs, develops, and implements a unique and groundbreaking electro-sinter-forging technology to produce parts used in various industries. Commonly referred to as eForging, their unique technology allows to create completely new materials, until now impossible to manufacture, and to produce parts with unprecedented precision, density and strength.
In addition, processing time is 1000-fold reduced using only 6% of the energy needed.
The investment from Nivalis Group marks the start of a new development phase for EPoS, who will accelerate R&D, grow the team, and prepare for industrialization and market implementation.
EPoS will relocate its offices, R&D center and production workshop from Rivoli near Torino, Italy to Le Vivier Technology Park in January 2022.
Nivalis Group CEO Nicolas Corsi
“EPoS is truly one-of-a-kind. Their technology is so unique and disruptive, EPoS has the potential to create a demand the industry doesn’t know yet it needs.
We are confident that this leaner, cleaner process will be the go-to technology for key industry players in the foreseeable future.”
EPoS CEO Alessandro Fais
“With its entrepreneurial core and exceptional experience in industrial automation, I consider Nivalis Group as a rare hybrid creature of entrepreneurship, and the perfect partner for EPoS.
The injection of new capital allows us to reinforce the company with competent, fast pacing and dedicated people, and to prioritize on industries for which eForging is the perfect solution: watchmaking, permanent magnets and diamond abrasive tools. I’m very excited to move the business to Switzerland, the land of high-tech innovation.”