About Norsk Titanium
Norsk Titanium is a company based in Hen (Norway) founded in 2007 by Alf Bjorseth. Norsk Titanium has raised $53.65 million across 9 funding rounds from investors including Applied Materials, Fortress Investment and Harbert Management. The company has 92 employees. Norsk Titanium offers products and services including Rapid Plasma Deposition and MERKE IV Machine. Norsk Titanium operates in a competitive market with competitors including Xometry, Hubs, VulcanForms, Ethereal Machines and TriMech, among others.
- Headquarter Hen, Norway
- Employees 92
- Founders Alf Bjorseth
- Stage Public
- SectorsTechnologyIndustrial Goods & Manufacturing
- Email••••••••
- Website norsktitanium.com
- Social LinkedIn X
- Legal Name Norsk Titanium As
- Annual Revenue$337.14 K (USD)-39as on Dec 31, 2022
- Net Profit-$978.94 K (USD)41as on Dec 31, 2022
- EBITDA-$302.05 K (USD)64as on Dec 31, 2022
- Total Equity Funding$53.65M (USD)
in 9 rounds
- InvestorsApplied Materials
& 8 more
- Employee Count92
Products & Services of Norsk Titanium
Norsk Titanium offers a comprehensive portfolio of products and services, including Rapid Plasma Deposition and MERKE IV Machine.
Process for producing titanium parts with reduced lead time and cost
High-speed printer for titanium additive manufacturing applications
Funding Insights of Norsk Titanium
Norsk Titanium has successfully raised a total of $53.65M across 9 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $53.65M
- Total Rounds 9
- Investors Count 9
All 9 funding rounds of Norsk Titanium with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | – | Post-IPO | – | – | |
| May 2021 | $25M | Series B | – | Ferd | – |
| Nov 2017 | – | Series B | – | Rose Park Advisors | – |
| Sep 2017 | $10.29M | Series B | – | – | – |
| Jun 2017 | – | Series B | – | Fortress Investment | – |
| Sep 2016 | – | Series B | – | Applied Materials | – |
| May 2016 | $10M | Debt – Conventional | – | – | |
| Mar 2016 | $18.36M | Series B | – | Piper Jaffray | |
| Jul 2015 | – | Series A | – | RTI International Metals | – |
9 investors in total: 9 institutional.
Investors in Norsk Titanium
Norsk Titanium has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Applied Materials, Fortress Investment and Harbert Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is directed by Ferd toward impact investing goals. | – | ferd.no | Oslo, Norway | |
Venture capital investments are guided by disruptive innovation theories. | – | roseparkadvisors.com | Boston, United States | |
Infrastructure, hedge, private equity, and debt fund focused on multiple sectors | 1993 | harbert.net | Birmingham, United States | |
Insight Equity is focused on middle market private equity investments. | – | insightequity.com | Southlake, United States | |
Develops and implements technologies in renewable energy and advanced materials. | 1987 | scatecinnovation.no | Oslo, Norway | |
Provider of credit, private equity, and capital investment services | 1998 | fortress.com | Atlanta, United States | |
Materials engineering solutions are supplied for semiconductor and electronics industries. | 1967 | appliedmaterials.com | Santa Clara, United States | |
Middle market focused investment bank | 1895 | piperjaffray.com | Minneapolis, United States | |
Industrial machinery and energy solutions are provided worldwide. | 1949 | rtiintl.com | New Brighton, United States |
Investor details for Norsk Titanium
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Norsk Titanium
38 people are tracked at Norsk Titanium (18 in leadership, 3 in board & advisors, 17 in team); the tracked headcount is 92.
| Name | Role | Group |
|---|---|---|
Alf Bjorseth | Co-Founder | Leadership |
Michael Canario | CEO | Leadership |
Khazeem Adesokan | VP, Quality | Leadership |
Charles Kruger | Human Resources Director | Leadership |
Nicholas Mayer | VP, Commercial | Leadership |
Carl Johnson | CEO | Leadership |
Gail A. Balcerzak | Chief Legal And People Officer | Leadership |
Ashar Ashary | CFO | Leadership |
Steve Eaton | VP, Operations | Leadership |
Bonnie Rook, MBA, SHRM-SCP | Director of Human Resources, USA | Leadership |
Adesokan, Khazeem | Vice President Of Operations And Quality | Leadership |
Gail Balcerzak | Chief Legal And People Officer | Leadership |
Katrine Holm | Director Project Management | Leadership |
Åshild Matre Tunga | Director, Human Resources | Leadership |
Anne Lene Gullen Bråten | Director Finance And Head Of Corporate Accounting And Financial Control | Leadership |
Adrian Euler | Director Of Sales | Leadership |
Kyle Yanulavich | CEO Executive Assistant/us Office Manager | Leadership |
Steve Schuster | Director, Production Engineering | Leadership |
Shan Ashary | Board Member | Board & advisors |
John Andersen Jr. | Chairman | Board & advisors |
18 more people are available in the full profile.
Complete people profiles for Norsk Titanium
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Norsk Titanium
4 dated milestones of Norsk Titanium across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Norsk Titanium is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO,.
Competitors of Norsk Titanium
Norsk Titanium operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xometry, Hubs, VulcanForms, Ethereal Machines and TriMech, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xometry.com | 2013 | Gaithersburg, United States | $203.44M | 480 | Platform for on-demand distributed manufacturing and prototyping is provided. | |
| hubs.com | 2013 | Amsterdam, Netherlands | $29.5M | – | Tech-enabled on-demand 3D printing and manufacturing services are provided. | |
| vulcanforms.com | 2015 | Burlington, United States | $355.56M | 182 | Provider of industrial metal additive manufacturing system | |
| etherealmachines.com | 2014 | Bengaluru, India | $23.53M | 115 | On-demand manufacturing services for industrial machines are offered. | |
| trimech.com | 1998 | Glen Allen, United States | $12.88M | 233 | On-demand 3D printing and manufacturing solutions are provided online. | |
| immensa.io | 2016 | Dammam, Saudi Arabia | $27M | – | Cloud-based on-demand manufacturing solutions are developed for additive services. | |
| fictiv.com | 2013 | San Francisco, United States | $183M | – | On-demand manufacturing services are provided from prototyping to production. | |
| fractory.com | 2017 | Manchester, United Kingdom | $14.26M | 39 | Distributed manufacturing is enabled via cloud platform for CAD-based quotes. |
Detailed competitors of Norsk Titanium
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Norsk Titanium
The website of Norsk Titanium (norsktitanium.com) receives about 5.4K visits a month.
- Monthly visits5.4K
▼ 42.4% vs previous month
Latest news on Norsk Titanium
Complete news archive for Norsk Titanium
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Norsk Titanium
10 companies that operate in the same segment as Norsk Titanium (3D Printing & Scanning Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Metal-based desktop 3D printers are manufactured for production and prototyping. | 2015 | Burlington, Vermont, United States | USD 446.55 M | – | – | |
Online marketplace to custom manufacture and sell 3D printed products | 2007 | New York, New York, United States | USD 106.9 M | USD 34.46 M | – | |
Industrial 3D printers using selective laser melting technology are manufactured. | 1923 | Ditzingen, Baden-wurttemberg, Germany | – | – | – | |
Carbon digital light synthesis-based 3D printers and materials are provided. | 2013 | Redwood City, California, United States | USD 742.21 M | – | – | |
Manufacturer of selective laser melting technology-based 3D printers | 2015 | San Francisco, California, United States | USD 92.09 M | USD 45.97 M | 105 | |
AI-powered 3D printed launch vehicles are developed for small payloads. | 2015 | Inglewood, California, United States | USD 1.34 B | – | – | |
Develop and manufacture Industrial printers based on Moving Light Technology and Laser Sintering technology | 2008 | Les Mureaux, Ile-de-france, France | USD 27.46 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Norsk Titanium
Norsk Titanium was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Norsk Titanium is headquartered in Hen, Norway.
Michael Canario is the current CEO of Norsk Titanium.
Norsk Titanium is a funded company, having raised a total of $53.65M across 9 funding rounds to date.
Norsk Titanium has 92 employees.
Annual revenue of Norsk Titanium is $337.14K as on Dec 31, 2022.
Norsk Titanium was founded in 2007 in Honefoss, Norway, where titanium components are produced for aerospace, defense, and energy applications. Proprietary plasma arc Rapid Plasma Deposition technology, also known as Direct Metal Deposition, has been patented for these operations. Collaboration with Alcoa has been established to develop joint 3D printing solutions and an industrial cooperation program.
Norsk Titanium's top competitors include Xometry, VulcanForms and Fictiv.
Norsk Titanium offers Rapid Plasma Deposition and MERKE IV Machine.
Norsk Titanium has 9 investors. Key investors include Applied Materials, Fortress Investment, Harbert Management, Piper Jaffray, and RTI International.
Norsk Titanium operates through Norsk Titanium As.