Advance Composite Co., Ltd., a developer and manufacturer of metal matrix composites (MMCs) utilizing a proprietary molten metal forging method, has announced the completion of a Series B funding round with Toa Electric Industrial Co., Ltd. as the underwriter. Through this investment, the company aims to combine its advanced material design and manufacturing technologies with Toa Electric Industrial's extensive industrial network to accelerate the development of new applications and expand its business operations both domestically and internationally.
Founded in 2015 and based in Fuji City, Shizuoka Prefecture, Advance Composite Co., Ltd. specializes in combining metals such as aluminum with dissimilar materials like ceramics and graphite using its proprietary "molten metal forging method." The materials developed by the company boast superior characteristics such as high thermal conductivity, light weight, and high rigidity. Consequently, they are increasingly utilized as critical solutions in industrial sectors requiring advanced thermal management and precision control, including automobiles, semiconductor manufacturing equipment, AI and data centers, and power semiconductors.
Toa Electric Industrial holds strong expertise in the electronic and electrical materials sector, boasting a robust domestic and international network across diverse industries. This partnership aims to enhance customer proposal capabilities by combining Advance Composite's technological prowess with Toa Electric Industrial's insights. Moving forward, Advance Composite will continue to deepen its collaboration with research institutions, investors, and corporate partners to drive the social implementation of its technologies, working toward its corporate vision of "supporting the future of the earth through advanced materials."