Bcomp closes Series A financing round of CHF 3 million22.06.2017 17:23
Bcomp, a Fribourg-based startup specialized in natural fibre composites, announces the successful closing of Series A financing round completed early June 2017. The financing round was subscribed by existing- as well as new shareholders. The funds will be used to finance the business-growth in the mobility sector, focusing on motorsports, automotive interior- and aerospace industries.
In parallel to several long-term development projects with partners in the Automotive- and Aerospace industries, Bcomp has recently announced its long-term partnership with the Tesla-based Electric GT World Series (picture above). Bcomp powerRibs technology provides a unique performance-per-weight ratio and will be used in the race car’s body parts.
Marrying the outstanding properties of flax fibers with an innovative preform design, the powerRibs technology allows weight savings of up to 40 % in single skin composite shell applications. Simultaneously, material cost and ecological footprint are significantly reduced. The same technology is used in automotive interior parts, allowing for significant light-weighting and integrating unique design options in a one-step production method.
In only 5 years, Bcomp has established itself as a renowned supplier of high-performance, sustainable materials in the Sports and Leisure industry, developing proprietary lightweight solutions made from renewable materials. Thanks to its innovative products and outstanding branding, the company has built a large international customer portfolio and a strong reputation worldwide. After successfully establishing its products in its entry markets, Bcomp has started its expansion into the mobility sector, focusing on the motorsports, automotive interior- and aerospace sectors.