Green Angel Ventures today announced a new investment in an innovative sustainable technology in the carbon fibre composite market.
Lineat is pioneering an award-winning market-leading carbon fibre recycling process. The company is seeking to fund its continued growth and technology development. Lineat leads the way in carbon fibre recycling producing a superior material than currently offered to the market, which has led to interest and collaboration across multiple sectors. Collaboration opportunities with GKN Aerospace, automotive primes such as Hyundai/KIA and JLR, Wilson, HEAD and SCOTT in sports as well as the renewables and marine sectors are all in discussion. Lineat has also secured funding for a scale-up project alongside JLR.
“We have been impressed with the vision and ingenuity of Lineat’s technology. It has the potential to be transformative in the treatment of carbon fibres.”
– Green Angel Venture CEO, Cam Ross
“The world of sustainable carbon fibre composites is a new and rapidly expanding sector within the multi-billion dollar general composite market. At Lineat we are disrupting the industry with our sustainable and circular material options. Green Angel Ventures alongside our follow-on investors at UKI2S, East Innovate and SFC Capital and for sharing our vision on sustainable carbon fibre technology.’’
– Lineat CEO and Co-Founder, Gary Owen
To learn more, visit Lineat’s website:
Investment in early-stage companies involves risks such as illiquidity, lack of dividends, loss of investment and dilution. Even when diversified within a fund, investing in early-stage companies carries a higher risk than investing in more established companies. Investment in EIS and SEIS funds should be considered as part of a diversified portfolio. Green Angel Ventures Limited is authorised and regulated by the Financial Conduct Authority with Firm Reference Number 963377. The content is for information purposes only and should not be used or considered as an offer or solicitation to purchase or sell any securities.
