Best Industrial Goods and Manufacturing Companies in Minneapolis, United States
The 45 best Industrial Goods and Manufacturing companies in Minneapolis, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Fulcrum.
Our analysis of 81 Industrial Goods and Manufacturing companies
$7.0b in tracked funding; 85% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Industrial Goods and Manufacturing companies in Minneapolis
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Fulcrum Developer of cloud manufacturing software providing job tracking and production scheduling | $22M | 38 mo ago | Series A | Yu Han Founder & CEO | 2015 | WebflowVimeoGSAP+27 | 15 patents Patents concentrated in computing, sensing & instrumentation | — |
| 2 | Phygen Provider of advanced surface enhancement coatings for tooling 45Funding top 34%Tech bottom 46%Patents bottom 46%Global bottom 42% All 5 signals ▾Fundingtop 34% Techbottom 46% Patentsbottom 46% Globalbottom 42% Innovationbottom 41% Funding: Raised $12.1M across 4 rounds · 4 rounds over 18 yrs (0.2/yr) Tech: 21 technologies across 3/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 45/100 | $12M | 12 mo ago | Early Stage | — | 1994 | — | 16 patents Spinal fixation and interspinous implant hardware for vertebral stabilization | — |
| 3 | Exosite Acoustics based condition monitoring solutions | $3M | 133 mo ago | Series A | — | 2009 | — | 18 patents Secure IoT connectivity and blockchain scaling for device data services | — |
| 4 | Third Wave Systems Material-based modeling software | $2M | 200 mo ago | Funding Raised | Kerry Marusich Founder & CEO | 1993 | WordPressMySQLPHP+32 | — | 2 launchs |
| 5 | Accraply Manufacturer of machine packaging and labeling services | — | — | Unfunded | Bob Chapman Co-Founder | 1970 | Progress SitefinityWindows ServerKendo UI+27 | 5 patents Automated container labeling and marking equipment for packaging lines | — |
| 6 | Ajax Metal Provider of fiber optic laser cutting, welding, and stamping services | — | — | Acquired | Erick Ajax Founder | 1945 | WordPressMySQLPHP+15 | — | — |
| 7 | Amconfoam Manufacturer of custom foam products and components | — | — | Unfunded | — | 2005 | WordPressMySQLPHP+25 | — | 1 partnership |
| 8 | atlas manufacturing Atlas Manufacturing specializes in precision sheet metal fabrication and cosmetic finishing. | — | — | Unfunded | — | 1996 | WordPressMySQLPHP+25 | — | — |
Top 4 Industrial Goods and Manufacturing companies in Minneapolis
#1
Early Stage · Minneapolis, Minnesota · founded 1994 · 11 employees$12.1Mraised▾
Provider of advanced surface enhancement coatings for tooling. This company develops and applies proprietary coatings designed to significantly extend the lifespan of dies, molds, and tooling used in various manufacturing processes. The coatings address common issues such as wear, oxidation, and galling, resulting in reduced downtime and maintenance costs. A holistic approach is employed, involving a thorough assessment of the application to optimize coating performance. The coating application process is dedicated to each client's parts, ensuring quality and preventing cross-contamination. The technology utilizes a high-energy plasma acceleration process to create a dense, durable coating with superior adhesion.
- Aug 2025Grant (prize money)$129.1K
- Apr 2018Unattributed$2M
- May 2009Grant (prize money)$5M
- Sep 2008Grant (prize money)$5M
#2
Series A · Minneapolis, Minnesota · founded 2015 · 43 employees$21.9Mraised▾
Developer of cloud manufacturing software providing job tracking and production scheduling. The software offers BOM and routing building, sales order quoting, and purchase planning. It features live insights, inventory management, and custom reporting. The software also provides quality control, traceability, and finance reporting capabilities. It supports CNC machine shops and sheet metal fabrication.
- 2023Series A$18M
- Oct 2022Series A$18.8M
- Aug 2020Seed$3.1M
#3
Series A · Minneapolis, Minnesota · founded 2009 · 42 employees$2.7Mraised▾
Exosite’s data platform empowers companies to quickly prototype and deploy their own Internet of Things solution using the web service APIs. It's system is architected with product developers in mind, meaning it has a built-in framework that eliminates the complexities of infrastructure and simplifies IoT development. Their Platform makes it easy for product developers to create cloud-capable products. Texas Instruments recently released the Connected LaunchPad Evaluation Kit which uses the Tiva C Series TM4C1294 microcontroller and ships with Exosite application code already flashed onto the chip Has a office in Taiwan also.
- Jul 2015Series A$2M
- Sep 2014Seed$375.4K
- Feb 2012Seed$50K
- May 2010Seed$300K
#4
Funding Raised · Minneapolis, Minnesota · founded 1993 · 42 employees$2.3Mraised▾
Third Wave Systems is a provider of material-based modeling software. The product offerings include AdvantEdge, a finite element analysis software to analyze the machining process and the features include defining tool geometry, tool & material selection, analyzing temperature & stress, etc; Production Module, a numerical control toolpath optimization software with features as balancing tool loads, analyzing tool path, forces, temperature, etc. It also provides services such as material modeling, high-performance computing, and training. The application of the is in industries such as aerospace engines, aerospace structures, automotive, medical, and cutting tools.
- Dec 2009Grant (prize money)$1.6M
- Jul 2009Grant (prize money)$700K
Funding & investor landscape
Market landscape — 10 sub-themes by coverage
Share of Industrial Goods and Manufacturing coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Additive Manufacturing / 3D Printing is moving in the United States
A read on the academic research around Additive Manufacturing / 3D Printing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 7,448 United States-affiliated papers.
- Purdue University West Lafayette227
- Georgia Institute of Technology200
- Massachusetts Institute of Technology180
- Pennsylvania State University154
- Texas A&M University149
- Fabrication68→273
- Nanotechnology68→251
- Composite material35→164
- 3d printed63→167
- Polymer13→90
- Composite material78→370
- 3d printed94→363
- Fabrication81→307
- Fused deposition modeling54→206
- Mechanical engineering38→184
- 3d printed16→76
- Fabrication5→48
- Nanotechnology16→51
- Composite material11→43
- Mechanical engineering15→40
Where additive manufacturing is researched across United States
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing additive manufacturing patents in the United States
United States additive manufacturing patent filing is accelerating — 61,539 filings from 8,000 assignees (2016–2025), led by Hewlett Packard Development, General Electric, Boeing; annual filings 3152→5421.
- Hewlett Packard Development6474
- General Electric4399
- Boeing1750
- Xerox1641
- Stratasys1297
- United Technologies1295
- Align Technology1277
- 3D Systems1201
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.