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£1.8m funding boost for Black Country firm and its revolutionary new carbon fibre

by Growthdeck Team

6 November 2018

News


Growthdeck: £1.8m funding boost for Black Country firm and its revolutionary new carbon fibre


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

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 –

£1.8m funding boost for Black Country firm and its revolutionary new carbon fibre (Express & Star)

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)


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