Finland
Addcomposites positions itself as a transformative force in the field of automated fiber placement and manufacturing systems, targeting the underutilized potential of composites in everyday products. Established in 2018 and headquartered in Finland, the company leverages advancements in automation and robotics to address the high costs traditionally associated with composite manufacturing. By democratizing access through their cutting-edge AFP-XS system under a shared economy model, Addcomposites makes composite production 100x more cost-effective and significantly faster to implement, opening new research and industrial applications beyond aerospace.
With automation being central to their value proposition, the company aligns with the broader industry trend of increasing robot adoption, enhancing manufacturing efficiency and accessibility. Notably, their last funding was through a Support Program investment on 01 June 2022, backed by Initiative Capital and the EUSPA - EU Agency for the Space Programme, which underscores strong support from influential stakeholders.
