When was Westra Materials founded?

Westra Materials was founded in 2020 and raised its 1st funding round 5 years after it was founded.

Where is Westra Materials located?

Westra Materials is headquartered in Norrkoping, Sweden.

Which legal entities is Westra Materials associated with?

Westra Materials is associated with Westra Materials AB.

How many employees does Westra Materials have?

As of Sep 30, 2026, the latest employee count at Westra Materials is 19.

Is Westra Materials a funded company?

Westra Materials is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Sep 29, 2025.

When was the latest funding round of Westra Materials?

Westra Materials' latest funding was a $***** Series A round on Sep 29, 2025, with participation from 4 investors. Its primary sector is Advanced Materials. In Sweden, the Advanced Materials sector has seen $32.1M in funding in 2026 to date.

What is the annual revenue of Westra Materials?

Annual revenue of Westra Materials is less than $1M as on Dec 31, 2023

Where does Westra Materials rank among its competitors?

Westra Materials ranks 2nd amongst 59 active competitors, of which 8 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Westra Materials, which secured $4.45M in Sep, 2025.

Who are the top competitors of Westra Materials?

Westra Materials' top competitors include Circ, MITO Materials and Evantic. Among them, Westra Materials secured the most recent funding round in September, 2025.

Westra Materials - 2026 Company Profile, Team, Funding, Competitors & Financials

Westra Materials is a series A company based in Norrkoping (Sweden), founded in 2020 by Simone Fabiano and Marc-Antoine Stoeckel. It operates as a Developer of PFAS-free, high-performance conductive polymers. Westra Materials has raised $4.45M in funding. The company has 59 active competitors, including 8 funded and 8 that have exited. Its top competitors include companies like Circ, MITO Materials and Evantic.

Company Details

Developer of PFAS-free, high-performance conductive polymers for batteries, polymer capacitors, and solar cells. These polymers offer high electrical conductivity and exceptional thermal stability, suitable for demanding applications. The materials are designed for reliable, scalable production, ensuring consistent performance across batches. They are used to enhance energy storage and production, improving battery performance and lifespan in various electronic devices.

Website: www.westramaterials.com/
Email ID: *****@westramaterials.com

Key Metrics

Founded Year

2020

Location

Norrkoping, Sweden

Stage

Series A

Total Funding

$4.45M in 1 round

Latest Funding Round

Series A, Sep 29, 2025, $*****

Investors

Navigare Ventures & 4 more

Ranked

2^nd among 59 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2023

Employee Count

19 as on Sep 30, 2026

Similar Companies

Circ & 59 more

View Westra Materials' full profile

Westra Materials is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Westra Materials AB CIN: 559266-9153 , Sweden, Active	Aug 12, 2020	$0 - $1M (As on Dec 31, 2023)	-	-

Westra Materials has raised a total funding of $4.45M over 1 round. Its latest funding round was a Series A round on Sep 29, 2025 for $*****. 4 investors participated in its latest round. Westra Materials has 5 institutional investors.

Here is the list of recent funding rounds of Westra Materials:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 29, 2025	5959945	Series A	3273791	8677248	5276862	6754040

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View details of Westra Materials's funding rounds and investors

The founders of Westra Materials are Simone Fabiano and Marc-Antoine Stoeckel.

Here are the details of Westra Materials' key team members:

Simone Fabiano: Co-Founder & CSO of Westra Materials.
Marc-Antoine Stoeckel: Co-Founder & COO of Westra Materials.

View details of Westra Materials's Founder profiles and Board Members

Westra Materials' employee count trend

Westra Materials has 19 employees as of Sep 26. Here is Westra Materials's employee count trend over the years:

Employee count trend for Westra Materials

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Top competitors of Westra Materials include Circ, MITO Materials and Evantic. Here is the list of Top 10 competitors of Westra Materials, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Circ 2011, Danville (United States), Series B	Developer of hydrothermal processing technology for textiles	$67.2M	Breakthrough Energy, Zalando & 17 others	54/100
2nd	Westra Materials 2020, Norrkoping (Sweden), Series A	Developer of PFAS-free, high-performance conductive polymers	$4.45M	Navigare Ventures, Almi Invest & 3 others	53/100
3rd	MITO Materials 2018, Indianapolis (United States), Acquired	Manufacturer of hybrid polymer modifiers	$8.22M	Clean Energy Trust, Dipalo Ventures & 12 others	52/100
4th	Evantic 1959, United States, Funding Raised	Developer of advanced polymers for multiple applications	-	Greyrock Capital, Greyrock Capital Group & 1 others	52/100
5th	Ambercycle 2013, Los Angeles (United States), Series B	Provider of tech-based solutions for producing yarns from old cloths	$44M	Drive Catalyst, Temasek & 14 others	46/100
6th	Interface Polymers 2016, Loughborough (United Kingdom), Series A	Compatibility and surface functionality solutions for the polyolefin industry	$2.7M	24 Haymarket, Evonik Venture Capital & 3 others	42/100
7th	Daejoo 1981, Siheung si (South Korea), Public	Manufacturer of electronic materials for automotive industry	-	IMM Holdings, Aju IB Investment & 2 others	36/100
8th	PlastFormance 2012, Teisendorf (Germany), Seed	Developer of advanced composite systems	-	HTGF, International Chemical Investors & 14 others	35/100
9th	Heat Inverse 2017, Ithaca (United States), Funding Raised	Provider of thin-film materials with advanced properties	-	Tech Emerge, America’s Seed Fund & 1 others	34/100
10th	Synboli 2024, Pessac (France), Unfunded	Developer of a platform accelerating the discovery of novel polymer materials	-	-	33/100