iCOMAT raises $22.5M in a Series A funding round led by 8VC and NATO Innovation Fund to automate composites manufacturing
Jun 05, 2024•over 1 year ago
Amount Raised
$22.5 Million
Round Type
series a
Investors
Velocity Partners VcSolvay VenturesNato Innovation Fund8 Vc
Description
iCOMAT, a pioneer in advanced composite manufacturing, announced the successful closure of its Series A funding round, securing $22.5 million in capital. The round was led by 8VC, and co-led by NATO Innovation Fund.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech