Fyous has launched a £1.5m equity crowdfunding round to advance and expand its shape-shifting tooling technologies. The funding round, which is now open on Crowdcube, builds on a £1.3m raise from angel investors in 2025, and allows a wider range of investors to own a stake in Fyous at a £25m valuation.
Fyous has a waitlist of manufacturers for its machines in the footwear and dental sectors and has already received expressions of interest to join this round worth £724,000.
Fyous has developed a new, patent-pending method for producing manufacturing tooling to support rapid prototyping and affordable production of mass-customised products. It replaces fixed tooling with machines featuring tens of thousands of digitally controlled pins that reconfigure in minutes to create temporary injection moulds, forming tools and workholding fixtures.
Fyous’ technology has already been used to produce polymorphic forming tools and workholding fixtures, including a project with the University of Sheffield’s Advanced Manufacturing Research Centre. The company is now building its first polymorphic moulding machine with Peacocks Medical Group, the UK’s largest independent orthotics company. Funds from this campaign will support the development of Fyous’ technologies for dental aligner production, accelerating its entry into a market valued at $9.9bn in 2024.
Fyous was founded in 2020 by Joshua Shires, founder and former Chief Technology Officer at technology accessories manufacturer Mous, and Thomas Bloomfield, previously an engineer at MetLase, an industrial machinery joint venture between Rolls-Royce and Unipart. Fyous has raised £3.2m to date, with backing from Innovate UK and Scott Crump, former chairman of NASDAQ-listed additive manufacturing company Stratasys and inventor of Fused Deposition Modelling (FDM), the world’s most widely used 3D printing technology.
Joshua Shires, CEO of Fyous, states: “Apple put a thousand songs in your pocket with the iPod, and Fyous is putting a million moulds on your desktop with polymorphic manufacturing.”
“We believe polymorphic manufacturing could be the next 3D printing. This is a new production category that transforms CAD files into temporary tooling for faster product development and affordable mass customisation. Fyous addresses the bottlenecks that hamper injection moulding and industrial-scale 3D printing, and has the potential to lower costs, increase capacity, and reduce waste in multiple industries.”
