Composite Research (CoRe) is an Italian start-up focused on advancing composite materials in various industries. Its innovative product, MadFlex, has garnered attention for its superior properties, offering a compelling alternative to traditional materials such as ABS and aluminum. The company's emphasis on reducing environmental impact and enhancing efficiency aligns with current market demands for sustainable and versatile solutions.
In 2015, CoRe introduced the patented MadFlex to the market, positioning itself as a pioneer in composite material innovation. The product addresses the critical need for lightweight, environmentally friendly, and high-performance materials across industries including automotive, nautical, aerospace, and healthcare. CoRe's commitment to multifaceted applications is reflected in its product's potential to redefine diverse sectors.
The social impact of MadFlex extends to diverse realms, encompassing logistics, construction, mobility, and healthcare. Its potential to optimize logistics through compact and rollable packaging, offer sustainable building solutions, reduce fuel consumption, and enable advanced orthopedic devices underscores its broad societal relevance. This comprehensive approach enhances CoRe's value proposition and underscores its potential for widespread adoption.
Notably, in 2016, CoRe secured the Start-up Booster call from the European Institute of Technology – Raw Materials, attesting to the innovativeness of MadFlex. This recognition further underscores the market significance of CoRe's advancements in composite materials.
The recent €71.43K grant investment from EASME - EU Executive Agency for SMEs in January 2019 reflects external validation and support for CoRe’s vision and potential impact. This funding injection positions CoRe for further growth and technological advancement, potentially solidifying its position as a key player in the composite materials domain.
With its strong technological foundation, strategic focus on sustainability, and notable industry recognition, CoRe is well-positioned to advance the adoption of composite materials and redefine standards across multiple sectors, making it an enticing prospect for venture capital investment.