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Today: October 5, 2024
April 4, 2024
1 min read

Airbus Ventures Backs OROS Labs in $22M Funding Round


TLDR:

  • Airbus Ventures has invested $22 million in OROS Labs, creators of Solarcore® Insulation, in a Series B funding round.
  • Solarcore® leverages polymer aerogel technology to revolutionize thermal insulation for various applications.

Airbus Ventures has announced its investment in OROS Labs, an innovative thermal solutions company, which has raised $22 million in a Series B funding round to support the company’s expansion in consumer, commercial, and government industries. The funding round was led by Airbus Ventures and included participation from several other venture capital firms. Solarcore® by OROS Labs utilizes polymer aerogel technology to set a new standard for thermal efficiency in insulation for structures, packaging, cold weather apparel, and other applications. The investment aims to support strategic partnerships, manufacturing capabilities, product offerings, research, and development efforts to introduce groundbreaking materials to the market. Solarcore® has already secured partnerships with the U.S. Department of Defense and consumer footwear brands, showcasing the technology’s benefits in various industries. With a team of experienced advisors and leadership, including former executives from companies like WW Grainger and The North Face, Solarcore® is poised for market expansion and innovation in the field of thermal insulation.


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