University spin-out secures funding boost

A Liverpool-based engineering firm is set to accelerate its product development after securing six-figure investment.

Atomik AM, a University of Liverpool spin-out, has received £125,000 from LYVA Labs to develop its “ground-breaking” binder jetting solutions for the additive manufacturing sector. 

Bosses say the cash will help the firm commercialise products, file a new patent and develop intellectual property, while also supporting job creation, including a new chief operating officer role.

Professor Kate Black, founder and chief executive, said: “This investment is a testament to the ground-breaking work our team is doing to advance additive manufacturing processes. 

“It allows us to expand our capabilities, accelerate innovation and bring sustainable solutions to the industry.”

Backed by a £10.5 million investment from the Liverpool City Region Combined Authority, LYVA Labs is supporting high-growth innovators as part of mayor Steve Rotheram’s strategy to boost research and development. 

Akshay Bhatnagar, LYVA Labs’ head of investments, 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 research and development across the Liverpool City Region, and we are pleased to be part of this business’ exciting innovation journey.”

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