What is Bcomp?
Bcomp specializes in developing high-performance bio-based materials designed to facilitate industry-wide decarbonization. Their product portfolio, featuring innovations like ampliTex and powerRibs, offers sustainable lightweighting alternatives for sectors including automotive, mass transportation, motorsports, sports, marine, and infrastructure. The company's core mission is to enable clients to achieve substantial reductions in weight and CO2 emissions, while also minimizing plastic consumption, all without compromising on material performance. Bcomp is committed to fostering a cleaner future by integrating renewable natural fibers into advanced engineering materials.
How much funding has Bcomp raised?
Bcomp has raised a total of $78.2M across 3 funding rounds:
Series A
$3.2M
Series B
$35M
Series C
$40M
Series A (2017): $3.2M, investors not publicly disclosed
Series B (2022): $35M led by Volvo and BMW i Ventures
Series C (2024): $40M supported by BMW, Volvo Group, and Porsche Ventures
Key Investors in Bcomp
BMW
BMW i Ventures operates as a venture capital arm focused on the automotive sector, investing in companies that advance electric vehicles, manufacturing, and digital solutions. They leverage BMW's corporate expertise to support innovative startups.
Volvo Group
The Volvo Group is a global leader in manufacturing trucks, buses, construction equipment, and engines, also providing financing and service solutions. They are committed to advancing sustainable transportation and infrastructure.
Porsche Ventures
Porsche Ventures partners with and invests in technology companies globally, from early-stage to growth, providing access to Porsche's network and industry expertise to accelerate founder success.
What's next for Bcomp?
The substantial enterprise-level backing positions Bcomp for accelerated growth and market expansion. This significant capital infusion is expected to fuel further research and development into advanced bio-based materials, enhance production capabilities, and broaden the company's global reach. The strategic nature of the recent investment suggests a focus on solidifying Bcomp's market leadership and forging deeper partnerships within key industries, particularly in the automotive sector, to drive the adoption of sustainable lightweighting solutions and contribute to a more environmentally conscious future.
See full Bcomp company page
