We recently raised over £1m for CFP Composites (formerly known as Carbon Fibre Preforms), which has developed a patented new form of carbon fibre composite which could revolutionise the train, aeronautical, shipbuilding, and oil and gas drilling industries worldwide.
This investment was a first for us in terms of co-investing, with £750,000 of Midlands Engine Investment Fund money being contributed through venture capital firm Midven.
Here’s a round up of some of the great press coverage for this fundraise, which was our fastest to date, taking just three weeks –
New funding deal for Black Country manufacturer (Birmingham Mail)
Black Country manufacturer secures £1.8m investment (The Business Desk)
Funding secured to bring new product to market (Insider Media)
CFP Composites secures £1.8m investment from Midven (Angel News)