Tech Company Financing Transactions
K.S. Composites Funding Round
K.S. Composites, based in Melton Mowbray, Leicestershire, secured $4 million from Praetura Commercial Finance.
Transaction Overview
Company Name
Announced On
11/10/2023
Transaction Type
Venture Equity
Amount
$3,981,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand into new areas of the luxury market, located largely in the U.S.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Undisclosed
Melton Mowbray, Leicestershire, KS Undisclosed
UK
Melton Mowbray, Leicestershire, KS Undisclosed
UK
Phone
Undisclosed
Website
Email Address
Overview
K.S. will focus on the production of fibre glass and carbon components for luxury hotels and super yachts. It is also working to expand into other new sectors including defence, where there is an increasing demand for sophisticated carbon fibre components.
Management Team
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