The investment is the latest round of Hypetex’s seed funding, led by 24Haymarket, which will support ambitious growth plans and help scale the business’s footprint.
Hypetex’s technology enables the sustainable colourisation of advanced materials whilst maintaining and often improving their performance properties. Using a water-based resin system and a low-energy curing process, the finished coloured composite materials can be used in a range of products, removing the need for any addition of paint whilst offering both cost-saving and built-in aesthetic improvements.
Applications range from consumer electronics, aerospace, yachting and lifestyle products to automotive design and Formula One. Hypetex has been used in a number of successful programmes recently, demonstrating the benefits of the technology, including projects with Adidas, New Balance, and Jaguar Land Rover.