Ireland
Plasma Bound, with the slogan "FOR A LIGHTER FUTURE," offers Controlled Polymer Ablation (CPA) technology, enabling the adhesive joining of lightweight materials like carbon and glass fibre reinforced composites. This innovation addresses the current demands for lightweighting in various sectors, including Automotive, Aerospace, and Mass Transport. Notably, the technology boasts additional benefits such as zero waste production, reduced reliance on metal fasteners, and lower production costs.
Founded in 2017 as a spin-out from University College Dublin (UCD) and headquartered in Ireland, the company recently secured a grant investment on 21 April 2023 from the Department of Enterprise, Trade and Employment. Led by CEO Alan Barry, a seasoned New Process Introduction (NPI) specialist, and supported by CTO Dr. Nick Barry, the inventor of the PlasmaBound technology, the startup has gained momentum by engaging with five global OEMs and supporting Ireland’s entry to the SpaceX Hyperloop competition, ÉirLoop.
Plasma Bound's disruptive technology, the grant investment, and the strategic collaborations position the company as a significant player in the lightweight materials and adhesive joining space, making it an intriguing prospect for venture capital investors seeking innovative solutions in sustainable transportation and manufacturing.
