Boston Materials Receives Additional $750K from America's Seed Fund to Accelerate Launch of New Lightweight Materials for Transportation & Electronics Industries
Boston Materials Receives Additional $750K from America's Seed Fund to Accelerate Launch of New Lightweight Materials for Transportation & Electronics Industries
05/19/20, 2:08 PM
Location
bostonMoney raised
$750,000
Round Type
seed
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 Info
Location
boston, massachusetts, united states
Additional Info
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