Foundation Alloy Named a 2025 Technology Pioneer by the World Economic Forum
Boston, MA – 23 June, 2025 – Foundation Alloy is proud to announce that it has been selected as a 2025 Technology Pioneer by the World Economic Forum. This prestigious recognition honors early-stage companies from around the globe that are shaping the future of industry and society.
Foundation Alloy is redefining how metals are made—engineering advanced alloys and manufacturing processes together to unlock new possibilities in product performance, supply reliability, and production efficiency. "Metals are the core input to the entire industrial ecosystem. If we want to build a more capable, resilient world, this is where new technology will have the biggest, and broadest, impact,” said Jake Guglin, CEO and Co-Founder of Foundation Alloy. “At Foundation, we have a fundamentally better approach to metallurgy that unlocks levels of performance and supply chain capability that will 10x industrial innovation over the next decade. Being named a Technology Pioneer is validation that the work we’re already doing with customers is just the beginning." By combining advanced materials science, novel production methods and modern digital tools, Foundation is already delivering parts that meet the demands of today’s most challenging applications with far less time, energy and waste in production.
As a Technology Pioneer, Foundation Alloy will join a global cohort of startups committed to responsible innovation across sectors such as climate tech, artificial intelligence, advanced manufacturing, and beyond. This selection provides the company with a platform to engage directly with public and private sector leaders through the Forum’s global community and initiatives.
Learn more about the 2025 Technology Pioneers cohort here: https://wef.ch/techpioneers25
About Foundation Alloy: Foundation Alloy is changing the way metals are made. Proprietary alloy engineering and production processes enable faster, cleaner, more capital-efficient manufacturing of ultra-high performance metals for use in the energy, aerospace, automotive, and defense industries. Foundation Alloy’s groundbreaking process transforms raw materials into finished products using a novel powder-based, solid-state method that delivers precise atomic control, enabling entirely new metals engineering pathways. The company’s innovation is simultaneously reshoring U.S. metals production while reestablishing American manufacturing leadership. Founded in 2022, Foundation Alloy is backed by Material Impact, Engine Ventures, America’s Frontier Fund and others committed to the future of advanced manufacturing. For more information, visit: www.foundationalloy.com
About the World Economic Forum: The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. For more information, visit: www.weforum.org.
About Technology Pioneers: Launched in 2000, the Technology Pioneers community marks its 25th anniversary in 2025 as a leading platform for early-stage companies from around the world that are shaping the future through breakthrough technologies and innovations. These companies are selected for their potential to have a significant impact on business and society and are invited to engage with public and private sector leaders through the World Economic Forum’s global platform.
The Technology Pioneers community is part of the Innovator Communities within the Forum's Centre for the Fourth Industrial Revolution. The Innovator Communities convene the world's leading global start-ups across different growth stages from early-stage Technology Pioneers to growth-stage Global Innovators and unicorn companies valued at more than $1 billion.
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