Piva Capital led a $26m Series A round in Alloy Enterprises.

Piva Capital, a venture capital firm, led a $26m Series A round in Alloy Enterprises, a production of aluminum company, with participation from Flybridge Capital, MassMutual Catalyst Fund, Footprint Coalition, Congruent Ventures and Riot Ventures. "The Alloy team has proven out a highly efficient process for delivering aluminum components quickly and at scale. This is a breakthrough for the industry that addresses the need for reasonable lead times, major cost reductions, and on-demand manufacturing, delivering direct benefits to EV, industrial and heavy equipment. We have been so impressed with the Alloy team and look forward to partnering with them to help them scale as the need for their solution ramps up," Maria Buitron, Piva Capital Principal.