PlastFormance (Growth Financing Round)
Funding Details
Awarder
SemiNews
Date Award
June 12, 2024
Vertical
Materials Science
Funding Amount
$7,000,000
Company Info
Organizations Involved
High-Tech Gründerfonds (HTGF), ICIG Ventures Holding S.A., Jobest GmbH
Founders
Joachim Reinhardt
Market
Various industries including e-mobility, fuel cell technology, and nuclear medicine
Location
Berchtesgardener Land, Bavaria, Germany
Coinvestors
High-Tech Gründerfonds (HTGF), ICIG Ventures Holding S.A., Jobest GmbH
Company Description

PlastFormance GmbH functionalizes polymers to enable tasks such as thermal management, power generation, or radiation protection through injection molded components suitable for large-scale production. The company focuses on developing functional materials for various industries, including e-mobility, fuel cell technology, and nuclear medicine.

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