Holdson secures funding to ‘supercharge’ growth

A Yorkshire-based advanced manufacturing specialist is set to scale its innovative technology internationally.

Holdson, headquartered near Huddersfield, has secured £1.5 million in a funding round led by the Northern Powerhouse Investment Fund II (NPIF II) to expand its patented electroform™ process. 

The technology enhances metal components, including cast and 3D-printed parts, by refining surfaces, removing imperfections and enabling design for post-processing, helping manufacturers improve quality, efficiency and scalability.

NPIF II – Praetura Equity Finance, managed by Praetura Ventures (soon to be PXN Group, subject to FCA approval), contributed £500,000 to the investment, alongside further backing from Oval Investments and Singapore-based SANDS, providing strategic links to Asian and global markets. 

Bosses say they plan to use the funding to scale production of the firm’s electroform™ post-processing devices and machines, which are attracting growing interest across aerospace, defence, automotive and nuclear fusion industries.

Aaron Holt, chief executive of Holdson, which was founded in 2023 through a collaboration between engineers and Huddersfield’s Cummins Turbo Technologies and has now grown to an 18-strong team, said: “The additive and related industries have reached a point where the conversation has shifted from ‘how do we make this?’ to ‘how do we make it better?’. 

“Customers want stronger, more efficient, more reliable components, produced in greater volumes and with ever more complex designs. electroform™ delivers those gains while staying competitive on cost, and that’s why we’re seeing such strong adoption from OEMs.”

Laurence Tan, investment associate at Praetura Ventures, added: “The advanced manufacturing space is critical to a number of key industries, including the automotive, aerospace and defence sectors, where vital parts and components are growing more complex with each passing year. 

“Holdson is an example of a thriving Northern company that’s making these innovations possible. 

“The company has the talent and the technology to continue scaling globally, and we’re pleased to be backing the team on their journey with NPIF II funding to supercharge their growth.”

The £660 million Northern Powerhouse Investment Fund II (NPIF II) fund, operated by British Business Bank, provides loans from £25,000 to £2 million and equity investment up to £5 million to help small and medium-sized businesses.

Holdson was advised by Mills & Reeve, with Ward Hadaway advising Praetura Ventures and Oval Investments.

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