Bcomp Closes USD$40M Series C Funding
Summary
Bcomp, a Fribourg, Switzerland-based provider of natural fibre composites for the mobility, recreational and mass transportation sectors, raised USD$40M in Series C funding. The company intends to use the funds to scale its production capacity to convert an advanced pipeline of commercial opportunities in industrial automotive and support its entry into new markets in Asia and North America. Led by Chairman Christian Jaag, Bcomp is a cleantech company and global leader in sustainable lightweighting solutions. Its proprietary natural fibre-based reinforcement materials — ampliTex™ and powerRibs™ — help decarbonise manufacturing and reduce environmental impacts in a wide range of high-performance applications. These include motorsports, automotive interiors, mass transit, recreational equipment, consumer goods and the aerospace industry.