Business
University of Liverpool spin-off Atomik AM secures £125k investment from LYVA Labs
1 day ago
Liverpool-based Atomik AM, a cutting-edge engineering spin-off from the University of Liverpool, has secured a £125,000 investment from LYVA Labs.
Specialising in advanced manufacturing solutions, Atomik AM operates from the university’s School of Engineering and is set to use the funding to accelerate innovation and create new opportunities in the sector.
Having developed a number of techniques and binders that improve the process of binder jetting, the business plans to use investment from LYVA Labs to accelerate product commercialisation.
The funding also supports the business to develop new intellectual property (IP), file a new patent, secure eight jobs, and create a new role: chief operating officer. Atomik AM’s track record includes successful collaborations with blue-chip companies, the filing of multiple patents, and a robust pipeline of innovative IP poised to transform the sector.
Professor Kate Black FREng, Founder and CEO of Atomik AM, has proven expertise and leadership in the additive manufacturing sector, having previously founded and successfully exited a company.
She says: “This investment is a testament to the groundbreaking work our team is doing to advance additive manufacturing processes.
“It allows us to expand our capabilities, accelerate innovation, and bring sustainable, cutting-edge solutions to the industry. At Atomik AM, we believe in driving change in manufacturing to create a better future for everyone.”
LYVA Labs’ Head of Investments, Akshay Bhatnagar, added: “We hope this will be the first of many investments alongside the University of Liverpool, Atomik AM exemplifies the excellence found in advanced manufacturing R&D across Liverpool City Region, and we are pleased to be part of this business’ exciting innovation journey.”
Liverpool City Region Combined Authority invested £10.5m in LYVA Labs to support innovators to turn great ideas into high-growth businesses, as part of Mayor Rotheram’s ambition to invest 5% of regional GVA into research and development (R&D) by 2030. Advanced manufacturing is key to this ambition, as it represents a significant sector.