Bcomp, a Swiss cleantech company based in Fribourg, has recently announced that it has secured €37.6 million in Series C funding to support its mission of decarbonising mobility. This significant investment comes at a crucial time as the world looks for innovative solutions to combat climate change and reduce carbon emissions.
Founded in 2011, Bcomp is a pioneer in the field of sustainable materials for the automotive and aerospace industries. The company specializes in developing high-performance natural fiber composites that offer a lightweight and environmentally friendly alternative to traditional materials such as carbon fiber and fiberglass. These composites are not only renewable and biodegradable but also have comparable or even superior mechanical properties, making them an attractive choice for manufacturers looking to reduce their carbon footprint.
The latest funding round was led by a consortium of investors including Swisscanto Invest by Zürcher Kantonalbank, the Swiss Entrepreneurs Fund, and the Bühler Group. This injection of capital will enable Bcomp to scale up its production capacity, expand its product portfolio, and accelerate the adoption of its sustainable materials in the automotive and aerospace sectors.
One of the key focus areas for Bcomp is the decarbonisation of mobility. With the transportation sector being one of the largest contributors to greenhouse gas emissions, there is a growing demand for more sustainable alternatives to traditional vehicles. Bcomp’s natural fiber composites offer a promising solution by reducing the weight of vehicles, improving fuel efficiency, and ultimately lowering emissions.
In addition to its environmental benefits, Bcomp’s materials also offer cost savings for manufacturers in the long run. By using renewable and biodegradable composites, companies can reduce their reliance on fossil fuels, lower their production costs, and enhance their brand reputation as environmentally conscious businesses.
With the support of its investors, Bcomp is well-positioned to drive innovation in the cleantech industry and make a significant impact on the decarbonisation of mobility. By providing sustainable materials that are both high-performance and cost-effective, the company is paving the way for a more sustainable future for the automotive and aerospace sectors.
As the world continues to grapple with the challenges of climate change, companies like Bcomp are leading the way in developing innovative solutions that can help reduce carbon emissions and build a more sustainable world for future generations. With its latest funding round, Bcomp is poised to make a significant contribution to the decarbonisation of mobility and inspire other companies to follow suit in adopting more sustainable practices.
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- Source Link: https://zephyrnet.com/fribourg-based-cleantech-bcomp-closes-e37-6-million-series-c-to-foster-mobility-decarbonisation-eu-startups/
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