Advanced manufacturing specialist Holdson has raised £1.5 million in funding to expand its patented polishing method for metal components.
The Skelmanthorpe-based company raised the investment through the Northern Powerhouse Investment Fund II to expand its electroform process as well as supply businesses across the aerospace, defence, automotive and nuclear fusion industries.
Holdson has developed electroform, an electromechanical finishing process to enhance the performance of metal parts, including cast and 3D printed components, by refining their surfaces and removing imperfections.
The technology is helping manufacturers design for post-processing, which is an essential stage after the initial manufacturing process. This results in better quality parts, fewer process bottlenecks and more scalable operations.
Launched in 2023, Holdson is the product of a collaboration between a team of engineers and entrepreneurs and Huddersfield-based engineering specialists Cummins Turbo Technologies.
In just two years, Holdson has grown to a team of 18, with customers across the UK, Europe, the US and Asia.
Aaron Holt, CEO of Holdson, said: “The additive and related industries have reached a point where the conversation has shifted from ‘how do we make this?’ to ‘how do we make it better?’
“Customers want stronger, more efficient, more reliable components, produced in greater volumes and with ever more complex designs.
“Electroform delivers those gains while staying competitive on cost.”
The £660m Northern Powerhouse Investment Fund II covers the entire North of England and provides loans from £25k to £2m and equity investment up to £5m to help a range of small and medium sized businesses to start up, scale up or stay ahead.
