CompPair obtains CHF 100'000 to accelerate production

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01.04.2020
CompPair material

CompPair is developing healable and sustainable composite materials to improve recycling and circularity. The startup will proceed with production following the receipt of a Tech Seed loan of CHF 100’000 from the FIT Foundation.

Composites materials made of carbon, glass or natural fibres and used in marine, sport, windmill, aerospace and automotive industries are, by design, sensitive to damage due to the embedding resin’s properties.

CompPair developed pre-impregnated textile products by integrating novel chemistry to manufacture structural composites. The production of healable and sustainable composite materials guarantees the materials' extended lifespan and improves recycling and circularity. CompPair's first product portfolio includes glass and carbon fibre textiles applicable in the manufacturing composites with properties such as repeated damage healing, improved crack resistance and improved recycling.

Incorporated in January 2020 by Amaël Cohades, Robin Trigueira and Véronique Michaud, the start-up already counts five team-members with expertise in materials and mechanical engineering as well as in marketing, sales and financing. With the support of five other grants and five awards, CompPair has raised traction and is now fundraising in order to secure their market entry, extend the team and settle globally.

“The FIT loan will specifically contribute to the production settlement of the CompPair pre-impregnated products and to secure first stocks to be delivered to clients, with some contribution to pilots in the marine and sport industries”, explained Amaël Cohades, CEO and co-founder of CompPair.

The start-up expects to make its first sales this year and to grow further in larger markets by 2023. The company also plans to extend its portfolio up to 7 product families.

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