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Carbon Revolution secures $35 million for operations and seeks up to $40 million more from OIC.
Carbon Revolution, a leader in manufacturing carbon fiber wheels, has received the complete $35 million from OIC's escrow facility.
These funds will support operations and capacity investments.
The company is also in talks with OIC for up to $40 million in additional funding, contingent on meeting performance milestones and securing agreements with noteholders.
Founded in 2007, Carbon Revolution aims to advance sustainable automotive technology.
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La Revolución del Carbono asegura $35 millones para operaciones y busca hasta $40 millones más de la OCI.