Element Materials Technology Makes Strategic Investment in Plastometrex
July 13, 2020
Element Materials Technology has made a strategic minority investment in Cambridge-based start-up Plastometrex through its $10m "Element Innovates" fund. Plastometrex develops software-led indentation plastometry and machine-learning tools for materials testing; the investment gives Element access to the technology and helps Plastometrex scale using Element's technical expertise and global customer network.
- Buyers
- Element Materials Technology
- Targets
- Plastometrex
- Industry
- Industrial Services
- Location
- Cambridgeshire, United Kingdom
- Transaction Type
- Growth capital
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