iCOMAT: Funding, Investors & Team (Sep 2026)
iCOMAT has introduced an innovative manufacturing technology called Rapid Tow Shearing (RTS), which is the first defect-free process for steering fibers in composites. This groundbreaking solution has allowed customers to achieve higher levels of performance with lighter and more cost-effective products. Founded as a spin-out company from the University of Bristol, iCOMAT has developed a patented method for producing advanced carbon fiber composites that are lighter, stronger, and more economical than current processes in the aerospace, automotive, and marine industries. The RTS technology enables the placement of carbon fiber tapes along curved paths without defects, creating ultra-lightweight structures that were previously impossible to manufacture with traditional methods. This unique technology is poised to revolutionize the transportation industry by improving performance and reducing costs. iCOMAT's expertise in steering fibers allows for the optimization of mechanical properties throughout a structure, resulting in lighter and more efficient components while minimizing material waste and production costs. As a leading provider of composite manufacturing solutions, iCOMAT collaborates with customers to enhance product performance to new heights.
iCOMAT has raised $29.7M across 3 funding rounds on record, the most recent an undisclosed round of $810k announced in Apr 2026.
That round is below the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.
iCOMAT Company Profile and Key Stats
Latest funding round on record: Apr 2026.
iCOMAT Funding Rounds
iCOMAT raised $22.5M in a Series A announced in Jun 2024.
1.3 years later, an undisclosed round of $6.4M was announced in Oct 2025.
6 months later, an undisclosed round of $810k was announced in Apr 2026.
iCOMAT Founders and Leadership Team
Contact details for the iCOMAT team: 1 of 1 has an email address on file.
Start 14-day free trial →iCOMAT Funding Compared to Other Hardware Startups
iCOMAT's latest round of $810k is below the median round in Hardware. Medians cover the last 24 months of disclosed rounds.
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iCOMAT Funding FAQs
What does iCOMAT do?
iCOMAT has introduced an innovative manufacturing technology called Rapid Tow Shearing (RTS), which is the first defect-free process for steering fibers in composites. This groundbreaking solution has allowed customers to achieve higher levels of performance with lighter and more cost-effective products. Founded as a spin-out company from the University of Bristol, iCOMAT has developed a patented method for producing advanced carbon fiber composites that are lighter, stronger, and more economical than current processes in the aerospace, automotive, and marine industries. The RTS technology enables the placement of carbon fiber tapes along curved paths without defects, creating ultra-lightweight structures that were previously impossible to manufacture with traditional methods. This unique technology is poised to revolutionize the transportation industry by improving performance and reducing costs. iCOMAT's expertise in steering fibers allows for the optimization of mechanical properties throughout a structure, resulting in lighter and more efficient components while minimizing material waste and production costs. As a leading provider of composite manufacturing solutions, iCOMAT collaborates with customers to enhance product performance to new heights.
How much funding has iCOMAT raised?
iCOMAT has raised $29.7M across 3 rounds on record. The most recent is an undisclosed round of $810k announced in Apr 2026.
When did iCOMAT last raise funding?
iCOMAT's most recent funding round on record is an undisclosed round of $810k, announced in Apr 2026.
Who founded iCOMAT?
FundedIQ lists Evangelos Zympeloudis (Founder) at iCOMAT.
Where is iCOMAT headquartered?
iCOMAT is based in Bristol, Virginia, United Kingdom.
How many employees does iCOMAT have?
iCOMAT is in the 11-50 employee band.
How does iCOMAT's funding compare to other Hardware startups?
iCOMAT's latest round of $810k is below the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.
About FundedIQ's iCOMAT Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for iCOMAT is left off this page rather than filled in.
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