AAA Modumetal steels itself for backer

Modumetal steels itself for backer

Modumetal, a producer of specialist materials, is reportedly to receive US metals maker Steel Dynamics as an investor in its series B round.

News provider Fortune said Steel Dynamics would invest after Modumetal provided its nano-laminated materials to the investor.

In June last year, Modumetal closed its B round led by venture capital firm Catamount Ventures.

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