Advanced material tech firm secures £7m investment for global commercialisation

Jul 10, 2019 · bdaily.co.uk

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A London-based advanced materials technology business has secured £7m in an oversubscribed Series A funding round led by LGB Corporate Finance.

RHEON LABS’ patented technology is comprised of highly strain-rate sensitive polymers, originally developed to deliver impact protection for the body and head during extreme sports.

The firm, which works with a range of sportswear brands including FLY Racing and RuRoc, plans to use the funds to market its technology across a range of sectors as well as expand into Europe and North America as part of its growth plan.

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