What is Arris Composites?
Founded in 2017 and based in Berkeley, California, Arris Composites specializes in the development and application of continuous carbon fiber composites. These advanced materials offer a unique ability to be combined with metals, plastics, wires, and other substrates, enabling groundbreaking product designs across the aerospace, automotive, and consumer product sectors. The company's proprietary technology allows for the creation of high-performance, lightweight components that are crucial for next-generation manufacturing and product innovation.
How much funding has Arris Composites raised?
Arris Composites has raised a total of $181M across 4 funding rounds:
Series A
$10M
Series B
$48.5M
Series C
$88.5M
Other Financing Round
$34M
Series A (2019): $10M, investors not publicly disclosed
Series B (2020): $48.5M led by New Enterprise Associates , Inc. and Taiwania Capital
Series C (2021): $88.5M supported by New Enterprise Associates, Taiwania Capital, MVP Ventures, Valo Ventures, and XN
Other Financing Round (2024): $34M featuring Rbvc, ST Engineering, and Alumni Ventures
Key Investors in Arris Composites
Taiwania Capital
Taiwania Capital is a venture capital firm focused on investing in early-stage companies, with key areas including enterprise software, autonomous systems, AI, IoT, robotics & drones, next-gen semiconductors, sensors, and cloud infrastructure. They target start-ups with the greatest inchoate potential.
New Enterprise Associates
New Enterprise Associates (NEA) is a venture capital firm focused on helping entrepreneurs build businesses, established in 1977 and headquartered in Menlo Park, California.
Rbvc
Robert Bosch Venture Capital GmbH (RBVC) invests worldwide in innovative start-up companies at all stages of their development, headquartered in Germany.
What's next for Arris Composites?
The recent major strategic investment signals a new phase of growth and development for Arris Composites. This capital infusion is expected to accelerate the company's research and development efforts, expand its manufacturing capabilities, and deepen its market penetration in key sectors like aerospace and automotive. With a clear focus on scaling its operations and further commercializing its advanced composite solutions, Arris Composites is poised to solidify its position as a leader in the advanced materials industry, driving innovation through strategic partnerships and technological advancements.
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