Tech Company Financing Transactions

Boston Materials Funding Round

Boston Materials closed a $12 million Series A funding round on 11/3/2022. Investors included Good Growth Capital, ACCELR8 and ACVC Partners.

Transaction Overview

Company Name
Announced On
11/3/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to support its continued growth, increasing manufacturing and engineering operations at the new factory in Billerica MA, and expanding product adoption with existing and new customers.

Company Information

Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
900 Middlesex Tpke 2-1
Billerica, MA 01821
USA
Email Address
Overview
Boston Materials is a cutting-edge material science company that is leading the development of the next generation of composites with higher performance and functionality. From lighter aircraft and stronger wind turbine blades to extendedrange EVs and safer bicycles, we develop the materials that take the next generation of applications from concept to reality.
Profile
Boston Materials LinkedIn Company Profile
Social Media
Boston Materials Company Twitter Account
Company News
Boston Materials News
Facebook
Boston Materials on Facebook
YouTube
Boston Materials on YouTube

Management Team

Title
Name
Email & Social
Chairman
Andrew Goldman
  Andrew Goldman LinkedIn Profile  Andrew Goldman Twitter Account  Andrew Goldman News  Andrew Goldman on Facebook
Chief Executive Officer
Anvesh Gurijala
  Anvesh Gurijala LinkedIn Profile  Anvesh Gurijala Twitter Account  Anvesh Gurijala News  Anvesh Gurijala on Facebook
Chief Operating Officer
Michael Segal
  Michael Segal LinkedIn Profile  Michael Segal Twitter Account  Michael Segal News  Michael Segal on Facebook
Co-Founder
Randall Erb
  Randall Erb LinkedIn Profile  Randall Erb Twitter Account  Randall Erb News  Randall Erb on Facebook
VP - Bus. Development
Kedar Murthy
  Kedar Murthy LinkedIn Profile  Kedar Murthy Twitter Account  Kedar Murthy News  Kedar Murthy on Facebook


 

 

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Where The Data Comes From

Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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