Antefil welcomes new board member and closes € 1.55M pre-seed round

Antefil Composite Tech, the Swiss start-up revolutionizing fast and efficient production of composite structures, is delighted to announce the successful closing of its CHF 1.5M pre-seed financing round. The round was led by Werner Frei, a highly experienced entrepreneur in the field of glass fibre materials and industrial production, who has also joined the company’s board of directors. The round was complemented by investments from Unifil AG and existing investors, as well as by the conversion of loan agreements previously closed with Serpentine Ventures AG (Rookie Fund I), and the Kick Foundation (Fonds Venture Kick).

The round aims to accelerate the industrial production of Antefil’s hybrid fibres, which are based on a patent-pending technology that allows individually coating glass fibres with a meltable, recyclable plastic. The coating process is implemented in line with the spinning operation. This technology offers a more cost-efficient and cleaner way to produce lightweight moving structures for industrial applications and leads to various advantages compared to traditional moulding techniques. These include time and energy savings due to shorter cycle times, as well as aerospace quality structures that can be recycled. Antefil’s innovative approach stands for efficient, circular production of composites – even at a large scale.

“We are delighted to have Werner Frei on board as an investor and board member,” says Antefil’s chairwoman, operational lead and co-founder Nicole Aegerter. “His experience and expertise in building and scaling companies in the field of glass fibre materials and industrial production will be invaluable to our company as we continue to innovate and develop new composite materials.”

Werner Frei, the new member of Antefil’s board of directors, says: “I’m thrilled to be joining Antefil’s board of directors and investing in this innovative young company. Antefil has developed an exciting technology with significant potential to revolutionize the production of composite structures. I look forward to working with the team to scale up production and bring these innovative materials to market.”

The company’s executive lead and co-founder, Christoph Schneeberger, adds: “We are very grateful for the support of our investors, who share our vision of a more sustainable and efficient future for the production of lightweight structures. With this financing round, we are well-positioned to accelerate our growth and bring our innovative technology to industrial production.”

Convertion rate: 1 CHF = 1.03 €