Warwickshire ‘supermaterials’ firm heads to Silicon Valley

Leamington Spa-based HTMS Composites is targeting further US expansion with the launch of a Silicon Valley office, less than a year after securing funding to commercialise its heat-resistant materials technology.

The company raised £1.3m in September 2025 in a round led by South West Investment Fund and Midlands Engine Investment Fund II, through fund managers Maven Capital Partners and Mercia Ventures, alongside SFC Capital, DeepTech Labs and US venture fund Plug and Play.

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