Startup · United States
Foundation Alloy
HQ Cambridge, MassachusettsFounded 202211-50 employeesUpdated
Foundation Alloy designs engineering alloys beyond conventional metallurgy: engineering alloys, uniform, fully dense, ductile, made via MetalsFIRST™.
Funding3 rounds · $46.4M
- Equity raised
- $46.4M
- Latest
- $22.0MSeries A · Jun 16, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Jun 16, 2026 | Series A | $22.0M | — | Voyager Ventures | America's Frontier Fund, Engine Ventures, Kanematsu Corporation, Material Impact, Overlap Holdings, Trust Ventures, Yamaha Motor Ventures | Reported |
| May 7, 2025 | Seed | $7.5M | — | — | — | Reported |
| May 31, 2022 | Seed | $16.9M | — | Material Impact | — | Reported |
- Series ALed by Voyager Ventures$22.0MJun 16, 2026
- Seed$7.5MMay 7, 2025
- SeedLed by Material Impact$16.9MMay 31, 2022
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Advanced manufacturing and materials | Developer | — | — | classify_sectors run 172, haiku, taxonomy 2026-10-19: Designs engineering alloys with a new metallurgy process and states no defense or government use. | Reported |
- Developerclassify_sectors run 172, haiku, taxonomy 2026-10-19: Designs engineering alloys with a new metallurgy process and states no defense or government use.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People2
| Person | Role |
|---|---|
| Jake Guglin | CEO/Co-Founder |
| Erin McDevitt | COO |
Sources6
Profile3
- 1CompanyAdvanced Engineering Alloys - Refractory Metals, Molybdenum, & Specialty Steel| Foundation Alloy
Foundation Alloy · Supports Organization · description, Organization · linkedin url, Organization · name, Organization · website
“Foundation Alloy designs engineering alloys beyond conventional metallurgy: engineering alloys, uniform, fully dense, ductile, made via MetalsFIRST™.”
- 2
PitchBook · Supports Organization · employee range, Organization · founded year, Organization · x url
“employee_range: 11-50 (profile: 19)”
- 3
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "94ec7f6d-a047-4a02-b9f0-d4330de4a7f1"}”
Funding2
- 4
TCT Magazine · Jun 16, 2026 · Supports Funding round, Funding round · amount, Organization · ownership
“The Series A round was led by Voyager Ventures”
- 5
LinkedIn · Supports Funding round, Organization · employee range, Organization · hq city, Organization · hq region
“funding round: Seed Round, 2022-05-31, USD 16,907,963, lead: Material Impact;The Engine”
People1
- 6
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.