Flexiramics is excited to announce it has raised an additional €4.5m in its latest investment round

Flexiramics is excited to announce it has raised an additional €4.5m in its latest investment round from a mix of existing and new shareholders, including Cottonwood Technology Fund, DEMCON Investment, 819 Capital Partners and Oost NL.

Flexiramics' unique technology produces 100% ceramic nanofibers in the form of ultra-thin mat and other products with one-of-a-kind material properties that address customer unmet needs across multiple industrial applications, including microfiltration, membranes, catalyst support and heat dissipation in electronics.

CEO Andy Wynn said "I would like to thank all of our shareholders for their tremendous support over the last two years in helping our growing team build such an exciting portfolio of commercial opportunities and deliver the world's first pilot facility for production of ceramic nanofiber mats. This new investment will enable the team to grow Flexiramics from a start up to a scale up over the next 2 years and position the company for full scale productionization and commercialization."

CTO Gerard Cadafalch Gazquez said "this new investment is a major step towards our strategic goal of becoming the leader in enabling breakthrough engineering solutions through non-woven ceramic materials and derivatives."