(Boston Materials: Billerica, MA) – Boston Materials Inc., a manufacturer of advanced materials key to the next generation of semiconductors and aircraft platforms, has announced $13.5 million in new funding. The investment was led by AccelR8 and Diamond Edge Ventures, the U.S.-based corporate venturing arm of Mitsubishi Chemical Group, a leading global carbon-fiber manufacturer. With this funding, Boston Materials is accelerating its expansion into the semiconductor market, building from its existing footprint in the aerospace market.

“The world is experiencing an unprecedented increase in energy consumption from computing and transportation,” says Dwight Poler, CEO of AccelR8. “Boston Materials is spearheading a new class of materials designed to maximize both the performance and efficiency of energy-intensive systems.”

 …