Swedish material tech start-up Corebon AB has developed a revolutionary method for producing carbon fibre components. Scania‘s corporate venture capital fund is investing SEK 35 million (about NZ$5.74 million) in the patented innovation.

Based in southern Sweden, the start-up has developed a groundbreaking method for producing components of carbon fibre reinforced plastics that is applicable to a wide range of products in industries such as automotive, telecommunication, aerospace and robotics.

The patented process is based on induction heating and enables Corebon to produce carbon fibre components at significantly higher speed than through existing established methods. The quality of the produced carbon fibre component is also improved, and energy consumption in production is considerably lower.

Corebon is already a supplier to a leading player within the telecom sector and is in different stages of implementation projects with several other key companies within different industries.

This marks the fourth investment by Scania‘s corporate venture capital fund. For each investment, the approach has been to contribute with industry knowledge, in addition to the invested capital. In this case, Per-Arne Eriksson, head of customised truck development at Scania, will join the board of directors of Corebon.