Boston Materials has filed a notice of an exempt offering of securities to raise $2,000,000.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Boston Materials is raising $2,000,000.00 in new funding. Sources indicate as part of senior management President, Anvesh Gurijala played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Boston Materials
Founded in 2016, Boston Materials is a high-performance materials company that enables manufacturers of industrial and consumer products to break through their design trade-offs with new materials. The company’s patented Z-axis Fiber is a lightweight material that has an extraordinary ability to diffuse energy (thermal, electrical, structural). It is produced from reclaimed carbon fiber, enabling new, high-volume, energy-efficient products that have a low carbon footprint. Key applications include vehicle lightweighting and electronics thermal management. By turning a $2B per year waste stream into high-value, advanced materials, Boston Materials is enabling the next generation of products and unlocking a circular economy.
To learn more about Boston Materials, visit http://bostonmaterials.co/
Contact:
Anvesh Gurijala, President
617-227-2422
https://www.linkedin.com/in/anvesh-gurijala-09104257/
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