Oros Labs, a Portland, OR-based thermal solutions company, raised $22M in Series B funding.
The round was led by Airbus Ventures, with participation from REI Co-op Path Ahead Ventures, Platinum Mile Ventures, Culper Ventures, Crumpton Ventures, Iron Gate Capital Advisors, Enlightenment Capital, CTK and the Goldwin Play Earth Fund, among others.
The company intends to use the funds to support its expansion in consumer, commercial and government industries.
Led by CEO Michael Markesbery, Oros Labs is a materials technology company developing advanced thermal insulation on the planet. Solarcore® leverages the thermal properties of Aerogel to make insulation available for a multitude of applications – from structures and packaging to cold weather apparel and footwear. By combining technology with innovative design, Solarcore sets new standards for thermal efficiency, along with being durable, versatile and applicable to many different product categories.
FinSMEs
03/04/2024