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Carbon Fibre Preforms hits over-funding target

by Growthdeck Team

24 July 2018

News


Carbon Fibre Preforms (CFP), the manufacturer of a revolutionary, ultra-lightweight and cost-efficient heat resistant material, has raised over £1m on Growthdeck.


The company extended its original fundraise target of £778,000 to £1,078,000 due to demand, and the additional allocation was snapped up within days. Growthdeck is investing alongside successful venture capital lead investor Midven Limited (“Midven”) as part of a larger round. The capital raised will be used to purchase specialist machinery that will enable increased commercial production.


Note: The contents of this article are the author's opinion and have not been approved as a financial promotion.