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Boston Materials announced it raised $12 Million in an initial filing from an offering of $12 Million

Boston Materials announced it raised $12 Million in an initial filing from an offering of $12 Million

11/04/22, 8:11 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgbillerica
Money raised
$12 million
Industry
information technology

Company Info

Company
Boston Materials
Location
8 federal street
billerica, massachusetts, united states
Additional Info
Founded in 2016, Boston Materials is a high-performance materials company that enables manufacturers of industrial and consumer products to break through their design trade-offs with new materials. The company's patented Z-axis Fiberâ„¢ is a lightweight material that has an extraordinary ability to diffuse energy (thermal, electrical, structural). It is produced from reclaimed carbon fiber, enabling new, high-volume, energy-efficient products that have a low carbon footprint. Key applications include vehicle lightweighting and electronics thermal management. By turning a $2B per year waste stream into high-value, advanced materials, Boston Materials is enabling the next generation of products and unlocking a circular economy.

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