Boston Materials closes $8 million Series A funding to advance z-axis carbon fiber materials
Boston Materials’ 37,000-square-foot manufacturing facility in Billerica, Massachusetts. Photo Credit: Boston Materials Boston Materials (Billerica, Mass., U.S.) a manufacturer of advanced lightweight materials that deliver increased performance and circular solutions using z-axis carbon fiber technology, announced on May 20 the closing of an $8 million financing led by AccelR8 and Valo Ventures. This funding accelerates the company’s expansion into new electric vehicles (EVs), aerospace, electronics and consumer applications. Clean Energy Ventures, a previous backer, also participated ...
Source: compositesworld.com