Lowenstein Sandler represented Hybron in the closing of an oversubscribed $25 million seed round.
Hybron produces carbon fiber products at up to 100x the speed and a fraction of the cost of traditional composites manufacturing by replacing a legacy process that takes hours to days with an innovative solution that takes just minutes. In practice, Hybron has produced the world’s first composite compressor blades to successfully operate at full power in a fighter jet engine.
The capital from the seed round enables Hybron to scale its manufacturing, expand its team, and execute a growing portfolio of programs, providing the United States and its allies with a sustainable path to rebuild depleted stockpiles and strengthen national security.
The seed round was led by Marque Ventures, with participation from First In, DTX Ventures, Veteran Ventures Capital, Ultratech, Bravo Victor Venture Capital, Gaingels, ZEA, American Center for Manufacturing Innovation, and notable angel investors including Matt Ocko.
The Lowenstein team included Eric Weiner, Laura Cicirelli, Claire Dronzek, Dylan Blanchard, Misheel Boldbaatar, and Cathy Sukovich.
