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18 Best Startups Focusing on the Foundry Manufacturing Industry

By 2021, almost every foundry will invest in automation and highly software driven machinery.

Foundry industry is witnessing a generation shift from the conventional manual processes to highly software and automated machinery. This is the right time to explore innovation and enhance productivity. In this article, I will give a brief overview of the foundry industry and the top 18 startups that are planning to revolutionize the foundry manufacturing industry. 

I believe by 2021, almost every foundry will invest in automation and highly software driven machinery, and will follow a few main principles. These principles are:

• Total process integration

• Low cost

• Improve productivity

• Improve quality

• Improve consistency

Brief Overview of Foundry Industry:

Foundry industry is traced back to a melting operation that produced bronze for casting tools and weapons. It constituted one of the earliest sectors for industrialization. It still relies on hand-operated machines, but as the production scale increases, machines and operations need to be automated for both quality and economic benefits.

A foundry refers to a factory that produces castings, which are basic components produced by melting and pouring a metal into a mold. Castings are used in a wide variety of industries including car manufacturing, agricultural equipment, and sea vessels. Certain machining tools are also produced in the same way. The production process includes melting the metal by heating the mold, letting the molten metal cool until it is solid, and then breaking the mold to detach the casting.

The castings can be further processed by machining. Some castings are made of types of alloys, and they can be further hardened by heat treatment. Because of this, mechanical stress and heat are common challenges for many foundries.

Foundry industry can be segmented into four parts:

• Aluminum foundry equipment

• Sand casting foundry equipment

• Steel foundry equipment

• Bronze foundry equipment

The Aluminum Foundry Equipment market is expected to grow at the highest percentage in the forecast period, followed by the Sand Casting Foundry Equipment market, Steel Foundry Equipment market, and the Bronze Foundry Equipment market. The Aluminum Foundry Equipment market is witnessing growth due to factors such as high demand for aluminum alloy castings and use of high-performance light metals in automotive and aerospace applications.

Foundry Companies & Industries:

The market for foundry equipment is expected to grow at the highest CAGR, in terms of both values and units, in the forecast period. The market for stone-melting castings is expected to grow at the highest CAGR within the foundry industry in the forecasted period. The market for steel foundry equipment is expected to grow at the highest CAGR within the steel foundry equipment market, while the market for aluminum foundry equipment is expected to grow at the highest CAGR within the aluminum foundry equipment market.


1. DataProphet

The idea behind this startup: DataProphet is a global leader in Artificial Intelligence (AI) for manufacturing

Headquarters: Cape Town, NA – South Africa, South Africa

Industries: Artificial Intelligence, Automotive, Foundries, Information Technology, Internet of Things, Machine Learning, Manufacturing, Mineral, SaaS, Software

Founders: Daniel Schwartzkopff, Frans Cronje, Richard Craib

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2. Diamond Foundry

The idea behind this startup: Diamond Foundry is America’s #1 producer of diamonds for the jewelry and semiconductor industries.

Headquarters: San Francisco, California, United States

Industries: Consumer Goods, Foundries, Semiconductor

Founders: Martin Roscheisen

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3. Light Touch Technology

The idea behind this startup: Development and manufacture of non-invasive blood glucose level sensor

Headquarters: Osaka-shi, Osaka, Japan

Industries: Foundries, Manufacturing

Founders: Unknown

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4. Technolera

The idea behind this startup: Technolera is a co-foundry and venture building company

Headquarters: Istanbul, Istanbul, Turkey

Industries: Consulting, Coworking, Foundries, Venture Capital

Founders: Altan Atabarut, Ömür Filiz

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5. T3 Girişim Merkezi

The idea behind this startup: T3 Girişim Merkezi enables talented young people and people of all ages to participate in technology development processes.

Headquarters: Istanbul, Istanbul, Turkey

Industries: Foundries, Information Technology

Founders: Unknown

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6. HPC SYSTEMS Japan

The idea behind this startup: Hpc-systems is a Manufacturing Platform.

Headquarters: Tokyo, Tokyo, Japan

Industries: 3D Printing, Foundries, Manufacturing

Founders: Unknown

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7. Zhejiang Qihong Machinery Casting Co., Ltd

The idea behind this startup: Casting parts and accessories for wind power equipment, hydraulic transmission parts and accessories, auto parts and accessories, etc

Headquarters: Linhai, Zhejiang, China

Industries: Foundries

Founders: Unknown

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8. Grameen

The idea behind this startup: GrameenInc is an social enterprise supporting company.

Headquarters: Hyderabad, Andhra Pradesh, India

Industries: Enterprise, Foundries, Social

Founders: Unknown

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9. AWcode

The idea behind this startup: AWcode is a Web Development Agency, Startup Studio and Startup Incubator

Headquarters: Pattaya, Chon Buri, Thailand

Industries: Foundries, Incubators, Web Development

Founders: Mark Walker

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10. MIURA

The idea behind this startup: Miura ia a Manufacturing Company.

Headquarters: Unknown

Industries: 3D Printing, Advanced Materials, Foundries, Manufacturing

Founders: Unknown

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11. Dozer HR Solutions

The idea behind this startup: We develop and deliver strategic solutions to your organization’s HR problems. We specialize in face-to-face training sessions.

Headquarters: Unknown

Industries: Automotive, Construction, Consulting, Corporate Training, Foundries, Human Resources, Manufacturing, Training

Founders: Unknown

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12. International Aluminium Casting, Hultsfred AB

The idea behind this startup: International Aluminum Casting AB is a competent supplier of aluminum products.

Headquarters: Hultsfred, Kalmar Lan, Sweden

Industries: Foundries, Manufacturing

Founders: Unknown

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13. Opolska Izba Gospodarcza

The idea behind this startup: OPOLSKA IZBA GOSPODARCZA is a non-profit organization that focuses on economic development.

Headquarters: Opole, Opolskie, Poland

Industries: Foundries, Government, Non Profit

Founders: Unknown

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14. TFT Pneumatic

The idea behind this startup: TFT-Pneumatic provides top quality tools for use in forges, mines, shipyards, offshore platforms, and FPSO.

Headquarters: Unknown

Industries: Foundries, Mining, Oil and Gas

Founders: Unknown

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15. ROICE ENTERTAINMENT

The idea behind this startup: Roice Entertainment is a Manufacturing Platform.

Headquarters: Osaka-shi, Osaka, Japan

Industries: 3D Printing, Foundries, Manufacturing

Founders: Unknown

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16. D-lightmatter

The idea behind this startup: Delight Matter has expertise in hydromaterials and other soft materials.

Headquarters: Yamagata, Yamagata, Japan

Industries: 3D Printing, Advanced Materials, Foundries

Founders: Unknown

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17. E’Ath

The idea behind this startup: E’Ath Corporation is a manufacturing company

Headquarters: Nagoya, Aichi, Japan

Industries: 3D Printing, Advanced Materials, Foundries, Manufacturing

Founders: Unknown

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18. Xianlin Ventures

The idea behind this startup: Foundation

Headquarters: Unknown

Industries: E-Commerce, Foundries, Innovation Management, Intellectual Property

Founders: Unknown

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