Cap Raise Crucible: Canaccord leads big mining dash for cash
Roundup of 35 ASX capital raisings seeking a combined $687.5m in late August and early September, led by mining deals; Canaccord Genuity topped the broker table and three IPOs floated.
Startup · $105.5m raised
additive manufacturing player
Melbourne, VIC
Every investor coverage indicates participated in a round Titomic raised.
| Investor | Rounds | Invested |
|---|---|---|
| Bell Potter | Unnamed stage | - |
| Canaccord Genuity | Unnamed stage | - |
| Peloton Capital | Unnamed stage | - |
| Repkon Machine and Tool Industry and Trade Inc. | Unnamed stage | $2,500,000 |
| Repkon ve Kalip | Unnamed stage · Unnamed stage | $4,700,000 |
Every published round Titomic took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Titomic has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Titomic, as distinct from the investments it has made.
Companies Titomic has backed that another company then bought. An exit for the holding, not a deal Titomic did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Titomic is recorded as having been acquired. | ||||
The transaction that ended Titomic's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| - | IPO | 2017 | - | @AuManufacturing (19 Aug 2025), @AuManufacturing (28 Jul 2025), @AuManufacturing (4 Feb 2025) |
Companies Titomic acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Dycomet | Acquisition | 2021 | - | @AuManufacturing (16 Oct 2024), @AuManufacturing (29 Nov 2022), @AuManufacturing (9 Dec 2021) |
| Tri-D Dynamics | Acquisition | undated | - | @AuManufacturing (6 Dec 2022), @AuManufacturing (29 Nov 2022), @AuManufacturing (9 Dec 2021) |
| Name | Role | Sources |
|---|---|---|
| Bruce Colter | General Manager – Titomic USA | @AuManufacturing |
| Dag W.R. Stromme | Executive Chairman | Dealroom, @AuManufacturing (20 Oct 2024), @AuManufacturing (14 Oct 2024) |
| Dr Andreas Schwer | Chairman | @AuManufacturing |
| Dr Patricia Dare | @AuManufacturing (14 Oct 2024), @AuManufacturing (16 Jul 2024) | |
| Herbert Koeck | CEO | @AuManufacturing (20 Oct 2024), @AuManufacturing (14 Oct 2024), @AuManufacturing (16 Jul 2024), @AuManufacturing (15 Dec 2023), @AuManufacturing (17 Oct 2022), @AuManufacturing (23 Jun 2022), @AuManufacturing (27 Apr 2022), @AuManufacturing (9 Dec 2021), @AuManufacturing (9 Nov 2021) |
| Jeff Lang | CTO (former) | @AuManufacturing |
| Jim Simpson | CEO | @AuManufacturing (28 Jul 2025), @AuManufacturing (4 Feb 2025), @AuManufacturing (20 Oct 2024), @AuManufacturing (14 Oct 2024) |
| Les Gregory | Vice President for Business Development | @AuManufacturing |
| Neil Matthews | Head of Business Development – Repairs | @AuManufacturing |
Stories naming Titomic. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of 35 ASX capital raisings seeking a combined $687.5m in late August and early September, led by mining deals; Canaccord Genuity topped the broker table and three IPOs floated.
Roundup tallies 35 ASX equity fundraises seeking $687.5 million, mostly miners; Canaccord Genuity led broker mandates with nine deals, while FireFly Metals' $190 million package was the period's largest.
Also The Age Business
Cold spray manufacturer Titomic has locked in A$16.5 million via a share placement, funding expansion at its Alabama plant and a planned shift of corporate domicile to the United States.
AFR's Street Talk column reports ASX-listed additive manufacturing company Titomic is out seeking fresh equity, noting the manufacturer's $273 million market capitalisation.
Titomic, a cold spray 3D printing firm, has incorporated a UK entity and appointed Les Gregory to lead UK business development, a week after closing a fifty-million-dollar share placement.
Also @AuManufacturing
Cold-spray maker Titomic is partnering with a Huntsville university on materials research. The piece recalls its $30 million raise around the CEO change and its 2017 ASX listing.
Weekly roundup of five popular stories: a Victorian hydrogen plant groundbreaking, Titomic's CEO change and $30 million raise, a defence laser contract, a WA shipbuilding precinct, and Civmec's framework to take over Luerssen Australia.
Also @AuManufacturing
Roundup: Titomic's April equity raise, a Curtin student's SunSmart fashion win, Innovation Bay's NT angel launch, BenchOn's Queensland portal, WHISE backing a Victorian manufacturing strategy, plus Curtin nanocrystal research.
Titomic is handing its top job to aerospace veteran Jim Simpson: the incumbent CEO leaves at year's end, the chairman goes executive, and brokers are reportedly lining up investors for a raise.
Titomic has hired Dr Patricia Dare to head its push into the United States defence market, citing recent equipment sales there, including a roughly $1.2 million system deal with Triton Systems.
Manufacturing roundup: Legrand buys NZ cable firm MSS; ClearVue lands a $4m placement; Nova Systems appoints Dean Rosenfield CEO; Diraq, having recently raised $29m, advertises 14 roles.
Also SmartCompany·@AuManufacturing·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Early VC·@AuManufacturing·Startup Daily
Roundup: Arafura Rare Earths banks $25m for its rare earths project; Incitec Pivot, Electro Optic Systems and Alpha HPA announce leadership changes; Titomic extends its MD's contract; Cobram Estate grows US olive output.
Manufacturing briefs: Victoria backs a skills program, Titomic supplies an Air France subsidiary, a pool-technology firm hires a sales chief, Bod Science banks a tax rebate, and Amaero completes a placement.
Australian manufacturing roundup: Titomic raises via placement, H2X signs hydrogen MoU, Austal posts a loss, Aristocrat trials cashless gaming, IDT restructures, Bisalloy reports, BAE recruits, CDU launches TAFE.
Also @AuManufacturing
Roundup of Australian manufacturing news: Matrix Composites raises via convertible note, Cronos hits a sales milestone, Ellen Medical finalists, ASC digitises its supply chain, a hydrogen refueller opens, and Titomic signs a US reseller.
News roundup: Elsight locks in $8 million through convertible notes; Northrop Grumman extends its Quickstep supply agreement; Titomic grows US sales; Fleet Space to survey for Core Lithium; Venture Catalyst Space applications open.
Roundup of Australian manufacturing items: two companies raise capital, two receive R&D tax refunds, an electric refueller debuts, a distribution deal is signed, IP is bought with shares, and more Bushmasters head to Ukraine.
Also Techboard
Titomic has received a European Union Horizon Europe CoBRAIN grant worth 260,000 Euro to fund AI and machine learning research into its cold spray manufacturing processes.
Roundup covering a defence grant behind ACS's hypersonic component machinery investment, Amcor's planned sale of its Russian factories, Titomic's Middle East reseller deal, and My Berries' Queensland food champion award.
Year-end review of Australian additive manufacturing in 2021: MMI grants for Romar, Titomic and SPEE3D, Titomic's raises and acquisitions, Conflux's Series A, Aurora Labs' capital raise and leadership changes, and AML3D's listing anniversary.
Also @AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing
Turkish machine maker Repkon has taken a $2.5 million strategic stake in Australian additive manufacturer Titomic, following a $9 million placement, with the combined funds earmarked to speed commercialisation and joint venture plans.
Also @AuManufacturing