Prova Investments continues to grow its European portfolio of early-stage businesses operating at the forefront of cleantechnology, sustainability and the circular economy by taking an equity stake in Composite Braiding.Based in Derby, Composite Braiding produces advanced composites by combining materials such as carbon, glass, aramid and basalt fibres with thermoplastics. Using an award-winning automated manufacturing process, it is possible to braid components quickly and at scale, reducing labour costs by 90%, waste by 97% and energy consumption by 95%.
For further information www.compositebraiding.com