# Fibrecoat

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fibrecoat

- Industry: Materials
- Headquarters: Aachen, Germany
- Website: www.fibrecoat.de
- Total disclosed funding: $25M
- Latest round: Series B (Dec 4, 2024)
- Investors on record: 8

## About

Fibrecoat GmbH, founded in 2020 and based in Germany, is engaged in the development and production of conductive fibers and advanced coating technologies. The company has completed 2 funding rounds, with the most recent deal occurring on December 4, 2024. In this round, they raised EUR 20.000 mn in Series B funding, co-led by NewSpace Capital and GOOSE Capital, along with participation from other investors including 212, Convergent Ventures, NOVA Saint-Gobain, and TiE Angelss. The founder's history and previous ventures are not publicly detailed, and the company is not reported as a subsidiary of any parent company. Dr. Alexander Luking, Dr. Robert Brull (CEO), and Richard Haas founded the firm.

Fibrecoat GmbH offers advanced materials tailored for the electric vehicle (EV) sector, focusing on damage-resistant solutions for electromagnetic interference (EMI) shielding, thermal management, and weight reduction. Their core offerings include patented conductive fibers and specialized yarns designed for various applications, such as retrofitting shielding for electronics and protecting individuals from 5G and other electromagnetic radiation. The company primarily serves clients across Europe, including automotive manufacturers and electronics firms, who seek innovative solutions to meet stringent regulatory standards and consumer demands for safety and efficiency. 

Fibrecoat GmbH’s revenue model is primarily based on B2B transactions, focusing on partnerships and direct sales to manufacturers in the automotive and electronics sectors. The company engages in contractual agreements that facilitate the supply of its flagship products, including patented coating technologies and conductive fiber solutions, to clients who require high-performance materials for their EVs and other applications. Pricing structures may involve volume-based agreements, where clients are offered competitive rates depending on order sizes and long-term commitments. 

In December 2024, Fibrecoat GmbH raised approximately EUR 20.000 mn in Series B funding, which will be utilized to increase its presence in the market. The company is focused on launching new products designed for improved EMI shielding and thermal management in the EV sector. Plans for geographic expansion are being developed, targeting additional markets within Europe by 2025. The funding will support product development and market entry strategies.

## Funding rounds

- Series B, Dec 4, 2024, $21M — Convergent Ventures, TiE Angels, 212, GOOSE Capital, NOVA Saint-Gobain, NewSpace Capital
- Series A, Oct 21, 2021, $3.3M — Phoenix Venture Partners, TiE Angels, GOOSE Capital, NOVA Saint-Gobain, b.value

## Investors

- Phoenix Venture Partners — Series A
- TiE Angels (https://capitalatlas.ai/funds/tie-angels) — Series A, Series B
- GOOSE Capital (https://capitalatlas.ai/funds/goose-capital) — Series A, Series B
- NOVA Saint-Gobain (https://capitalatlas.ai/funds/nova-saint-gobain) — Series A, Series B
- b.value (https://capitalatlas.ai/funds/b-value) — Series A
- Convergent Ventures (https://capitalatlas.ai/funds/convergent-ventures) — Series B
- 212 (https://capitalatlas.ai/funds/212) — Series B
- NewSpace Capital (https://capitalatlas.ai/funds/newspace-capital) — Series B