Continuous Composites Inc., Coeur d’Alene, Idaho, has announced the successful closing of its $17 million Series A financing led by B. Riley Venture Capital (BRVC), a subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY) (B. Riley).
This latest investment follows prior funding rounds led by strategic partners Arkema S.A. (EPA:AKE) and Saint-Gobain S.A. (EPA: SGO). This round of financing provides Continuous Composites with the growth capital to commercialize its proprietary Continuous Fiber 3D Printing (CF3D®) product offerings, as well as advance and protect the company’s expansive patent portfolio.
CF3D® is an innovative additive manufacturing solution that combines high-performance continuous fibers with rapid curing resins in a 3D printing process to enable affordable manufacturing of complex composite structures. An industry-agnostic automated solution, CF3D® is comprised of configurable hardware, proprietary software, and tailorable material solutions for strong yet lightweight applications.
For more information, visit www.continuouscomposites.com.