Continuous Composites Inc., a pioneer and developer in the additive manufacturing sector, announced today the successful completion of a $17 million Series A financing led by B. Riley Venture Capital (BRVC), a subsidiary of B. Riley Financial, Inc. (B. Riley). This fresh investment comes on the heels of previous fundraising rounds spearheaded by strategic partners Arkema S.A. and Saint-Gobain S.A. .
Continuous Composites has secured millions in a funding round to launch its patented Continuous Fiber 3D Printing (CF3D®) product lines. CF3D is a revolutionary additive manufacturing technology that 3D prints complex composite structures using high-performance continuous fibres and quick curing resins. B. Riley Venture Capital’s objective is to invest in late-stage private growing firms with a route to the public markets. The goal of BRVC is perfectly aligned with the company’s growth plan, and it has access to investment banking options, making it an excellent partner for Continuous Composites.
B. Riley Venture Capital has announced a fresh round of funding for Continuous Composites to bring its revolutionary CF3D technology to market. “We have taken an intentional strategy toward creating breakthrough technologies supported by a strong team and intellectual property portfolio,” stated Tyler Alvarado, CEO of the business. Todd Sims, President of B Riley, has agreed to join the Continuous Composites board as part of this investment.