iCOMAT, a Bristol, UK-based company which specializes in advanced composite manufacturing, raised $22.5M in funding.
The round was led by 8VC, and co-led by NATO Innovation Fund. Other investors included Solvay Ventures and existing investors Velocity Partners VC.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO and Founder Dr Evangelos Zympeloudis, iCOMAT is a manufacturer of advanced composite structures for the aerospace and automotive industries. Leveraging its proprietary fiber-steering technology, iCOMAT enables the production of lightweight, high-performance components at scale and efficiency.
FinSMEs
05/06/2024