Tech Company Financing Transactions
Boston Materials Funding Round
Boston Materials secured a $8 million Series A funding round on 5/21/2021. Investors included ACCELR8, Valo Ventures and Clean Energy Ventures.
Transaction Overview
Company Name
Announced On
5/21/2021
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to hire people across technical sales, application development, and manufacturing and expand Z-Axis Carbon Fiber technology into new electric vehicles, aerospace, and consumer electronics that are higher performing, lighter, and environmentally sustainable.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
900 Middlesex Tpke 2-1
Billerica, MA 01821
USA
Billerica, MA 01821
USA
Phone
Website
Email Address
Overview
Boston Materials is a cutting-edge material science company that is leading the development of the next generation of composites with higher performance and functionality. From lighter aircraft and stronger wind turbine blades to extendedrange EVs and safer bicycles, we develop the materials that take the next generation of applications from concept to reality.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Andrew Goldman
Chief Executive Officer
Anvesh Gurijala
Chief Operating Officer
Michael Segal
Co-Founder
Randall Erb
VP - Bus. Development
Kedar Murthy
Browse more venture capital transactions:
Prev: 5/21/2021: Workrise venture capital transaction
Next: 5/21/2021: Spokn venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs