Cambium, a leader in advanced material innovation for high-performance sectors, has secured $100.0 million in new funding from investors. This significant capital infusion will support the company's strategic growth initiatives as it continues to redefine how materials are discovered and delivered across critical industries.
The company operates a proprietary materials platform that integrates AI-driven molecular design with state-of-the-art chemistry, materials science, biology, and manufacturing capabilities. This unique combination allows Cambium to innovate at an accelerated pace. Complementing this, Cambium's fully owned SHD Advanced Composites business further enhances its offerings with five rapid-response manufacturing facilities located across the U.S., U.K., and EU. This robust vertical integration enables Cambium to move customers from initial concept to full-scale qualified production with exceptional speed and efficiency.
Serving hundreds of customers across aerospace, defense, energy, motorsport, marine, and other high-performance industries, Cambium provides a unique materials development and manufacturing capability designed to significantly accelerate customer development cycles. The $100.0 million investment underscores investor confidence in Cambium's innovative approach to material discovery and its established market position as a crucial partner for industries requiring advanced solutions.
The newly raised capital is planned to be deployed to accelerate the expansion of Cambium's proprietary materials platform, further enhance its global manufacturing capabilities, and broaden its market reach. This funding round is expected to significantly strengthen Cambium's ability to deliver cutting-edge material solutions and support its customers' evolving needs for high-performance materials. The company aims to continue its trajectory of innovation and market leadership, driving advancements in material science for a wide array of demanding applications.
