History
Metalysis was founded in 2001 by the University of Cambridge, initially to exploit the FFC Process for all metals and alloys, with the exception of titanium. In 2005, it raised £5m of Venture Capital finance and moved its operations to South Yorkshire to take advantage of the area’s specialist skills base and preferential grant status.
In 2006, the Company added titanium to its portfolio through the acquisition of related assets from both QinetiQ plc and BHP Billiton plc. Since this date the Company has grown from 3 to 60 employees and migrated from a R&D based organisation to a commercially orientated company that is scaling up its technology and providing sample quantities of its products to potential customers.
To date Metalysis has raised approximately £20m of equity finance and a further £5m of grant funding.
Annual highlights
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2009
Dr Lee Shaw appointed as Technology Director
First commercial sale of product for production trials
Board strengthened with the appointment of Pelham Hawker and Jonathan Coppin
£5.1m funding round successfully completed
The Company is awarded £850k Technology Strategy Board grant
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2008
Team strengthened with experienced scale-up managers
Metalysis provides its first product sample for metallurgical grade tantalum
Dr Steve Holloway appointed as Engineering Director
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2007
The Company adds titanium into its portfolio
The Company completes a £13million funding round to develop the process for commercial production of three key products; tantalum, titanium and high value alloys.
Metalysis appoints Mark Bertolini as Chief Executive Officer.
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2006
The Company announces two major partnerships with Rolls-Royce plc and BHP Billiton
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2005
Metalysis further strengthens its growing IP portfolio by obtaining the rights to exploit titanium using the FFC Process, giving the company the worldwide rights to ALL metal and alloys.
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2004
Metalysis secures funding and support from Objective 1 and Yorkshire Forward and relocates to Rotherham.
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2003
The Company name is changed to Metalysis Ltd.
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2002
The Company acquires the worldwide rights to the process for the exploitation of all metals, other than titanium above 40% by weight.
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2001
FFC Ltd is spun out of Cambridge University with funding from the Cambridge University Challenge Fund to commercialise the FFC Process for the production of tantalum and other high value metals.
