Tech Company Financing Transactions
FibreCoat Funding Round
FibreCoat closed a $21 million Series B financing round on 12/5/2024. Investors included Convergent Ventures, Goose Capital and NewSpace Capital.
Transaction Overview
Company Name
Announced On
12/5/2024
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to further its reach in the booming commercial space ecosystem, meet demand for radiation-, heat- and EMI-resistant materials, and drive innovation in the sector.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Philipsstr. 8
Aachen, 52068
Germany
Aachen, 52068
Germany
Phone
Website
Email Address
Overview
The idea of coating fibres came to Robert's mind in 2014 during his doctorate at the Institute for Textile Technology at RWTH University (ITA) in Aachen. Together with his two colleagues Richard Haas & Alexander Lüking he started experimenting with polymer coatings. Flash forward to 2019 we received a start up grant from the federal ministry of science and energy resulting in the founding of FibreCoat in 2020.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Brüll
Chief Operating Officer
Richard Haas
Founder
Alexander Lüking
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