Boston Materials Receives Additional $750K from America's Seed Fund to Accelerate Launch of New Lightweight Materials for Transportation & Electronics Industries

May 19, 2020•over 5 years ago

Amount Raised

$750,000

Round Type

seed

Boston

Description

Boston Materials, manufacturer of advanced carbon fiber products, today announced new funding from the National Science Foundation (NSF) to accelerate the development and market launch of new lightweight materials. This new funding increases NSF's non-dilutive investment in Boston Materials to nearly $1 million.

Company Information

Company

Boston Materials

Location

Boston, Massachusetts, United States

About

Boston Materials is proliferating composites in the transportation, energy & infrastructure sectors to enable drastic weight reduction and significantly reduce global carbon emissions. This mission will be accomplished with SUPERCOMP Carbon Fiber – a Boston Materials exclusive. SUPERCOMP products solve the high cost, performance limitations, and complex manufacturing challenges of composites. Boston Materials has raised over $4M in venture funding and is now actively raising Series A financing. Learn more at: bostonmaterials.co

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Boston Materials Receives Additional $750K from America's Seed Fund to Accelerate Launch of New Lightweight Materials for Transportation & Electronics Industries

Description

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Funding Insights

Company Information