Otto Krahn New Business is the business incubator of the Otto Krahn Group. It focuses on exploring, piloting, and growing innovations for the Otto Krahn Group's businesses, as well as identifying and developing new business models and markets. They collaborate with universities, start-ups, and other partners to identify strategic investments and develop new venture ideas, with a focus on deep-tech. Recently, they participated in a Series B funding round for FibreCoat, a materials company producing lightweight, durable materials for the space and defense sectors.
All verified mentions of this organization in source documents.
FibreCoat raised close to €20 million in a Series B round from NewSpace Capital, Goose Capital, Nova Saint-Gobain, 212 NexT, Otto Krahn New Business, Convergent Ventures and TiE.