Lineat raises €1.6M Seed round

15 October 2024· Chepstow, United Kingdom· manufacturing, materials, robotics, b2b, deep_hardware

The funding will be used to move the company's head office and production facility to a new 4,800 sq ft unit in Chepstow, create 24 new jobs, and scale up production of recycled carbon fibre technical tapes to meet industrial demand.

Investors

LeadGreen Angel Ventures
Also participating
SFC CapitalEast InnovateDevelopment Bank of WalesUK Innovation and Science Seed Fund

About Lineat

Stage
Seed
Headquarters
Chepstow, United Kingdom
Founded
2020
Team Size
6–20
Sectors
manufacturingmaterialsroboticsb2bdeep_hardware

Source: https://www.developmentbank.wales/news-and-events/lineat-invests-wales-new-hq-and-carbon-fibre-recycling-facility