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Materials
Boston Materials raises funds
by Matt Blois
November 13, 2022
| A version of this story appeared in
Volume 100, Issue 40
Boston Materials has raised $12 million in series A funding to build up manufacturing and engineering operations at its new factory in Billerica, Massachusetts. The company makes a lightweight material produced from reclaimed carbon fiber, which can reduce the weight of cars and improve the performance and reliability of electronics. The company says investment from Thailand’s PTT Global Chemical and South Korea’s GS Group will help build supply chain relationships in Asia.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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