WPX Faserkeramik, a producer of ceramic materials for high-temperature applications, secured funding from the building materials company, along with HTGF.
WPX Faserkeramik, a Germany-based producer of ceramic products, has raised a seven-figure euro amount in series A funding from investors including construction and building materials supplier Constantia Industries.
Constantia, which invested through its Constantia New Business unit, was joined in the round by Germany’s national aeronautics and space centre (DLR) and German corporate-backed venture fund High-Tech Gruederfonds (HTGF).
WPX, a spin-off of DLR, produces oxide ceramic matrix composites that are used in high-temperature industrial processes. HTGF previously provided an undisclosed…
