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Overview
iCOMAT has pioneered the revolutionary Rapid Tow Shearing (RTS) technology, the first ever defect-free fibre-steering process for composites. This game-changing solution has helped customers unlock new levels of performance from composites, enabling them to manufacture lighter, more cost-effective products that perform better than ever before. Originally a spin-out company from the University of Bristol, iCOMAT has developed a patented manufacturing process for advanced carbon fibre composites which are lighter, stronger & more cost-effective than the state-of-the-art processes for the aerospace, automotive & marine sectors. iCOMAT’s innovative technology, Rapid Tow Shearing (RTS), is the world’s first automated composites manufacturing process that can place carbon fibre tapes along curved paths without generating defects. Its defect-free fibre steering capability realises ultra lightweight composite structures beyond the limit of the conventional straight fibre designs & complex geometry which is not manufacturable using current automated manufacturing technologies. Unique in the world of automated composite manufacturing, iCOMAT’s technology is set to revolutionise transport, driving performance & cost-benefits across multiple markets such as aerospace & automotive. Beyond state-of-the-art lightweighting solutions - Composite materials are anisotropic, they are only strong in the direction of their fibres. iCOMAT’s specialist technology steers the path of fibres, enabling optimisation of mechanical properties at any point of the structure & ultimately improve all aspects of structural performance. This produces lighter, more efficient components & uses material only where needed in the most efficient way so use of raw materials & overall production costs are drastically reduced. World-Class Composite Manufacturing Systems – iCOMAT is proud to be a market-leading solutions provider, working with customers to elevate product performance to the next-level.
About
Transportation, Automotive, Manufacturing, Aerospace, Logistics, Robotics, Advanced Materials, Space Travel
2019
11-50
Headquarters locations
Europe
Social
N/A
Profile Resume
iCOMAT headquartered in Europe, operates in the Transportation, Automotive, Manufacturing, Aerospace, Logistics, Robotics, Advanced Materials, Space Travel sector. The company focuses on Transportation and has secured $2.5B in funding across 96 round(s). With a team of 11-50 employees, iCOMAT is actively contributing to advancements in Transportation. Their latest funding round, Series A - iCOMAT, raised $22.5M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
3
4
0
$25.9M
Details
2
iCOMAT has raised a total of $25.9M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2020 | Seed | 868.1K | ||
2024 | Early Stage Venture | 22.5M |
Investors
iCOMAT is funded by 8 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
8VC | - | FUNDING ROUND - 8VC | 22.5M |
Kelly Chen | - | FUNDING ROUND - Kelly Chen | 22.5M |
iCOMAT | - | FUNDING ROUND - iCOMAT | 22.5M |
NATO Innovation Fund | - | FUNDING ROUND - NATO Innovation Fund | 22.5M |
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