About MFTech
MFTech is an Industrial Goods & Manufacturing company based in Argentan (France) founded in 2004, and was acquired by Coriolis Composites in September 2018. Specialized services for filament winding machines are provided. MFTech offers products and services including Filament Winding Machines and CompositeXplore Services. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services. Its legal entity is Coriolis Composites.
Company details
MFTech was established in 2004 and is based in Argentan, France. Filament winding machines services are delivered, focusing on the manufacturing and composites sector. Operations include maintenance, repair, and technical support for these machines, which are used in applications such as pressure vessels and aerospace components. Clients across Europe are served through the companys domain, mftech.fr, ensuring reliable industrial solutions.
- Headquarters Argentan, France
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website mftech.fr
- Social LinkedIn
- Acquired by Coriolis Composites (Sep 2018)
- Legal Name Coriolis Composites
- Latest Funding Round$494.41K (USD), Grant
Jan 2018
- InvestorsEuropean Union
& 1 more
- Acquired byCoriolis Composites
(Sep 2018)
Products & Services of MFTech
MFTech offers a comprehensive portfolio of products and services, including Filament Winding Machines and CompositeXplore Services.
Robotic filament winding machines are designed and provided by MFTECH, which are noted for being plug and play, reliable, and easy to install and maintain.
Customized support is provided by CompositeXplore for composite part automation, which involves risk minimization, cost reduction, and shortened development time.
Funding Insights of MFTech
- Total Rounds 1
- Last Round Grant β $494,407
- First Round $494,407
(Jan 2018)
- Investors Count 1
All 1 funding rounds of MFTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $494,407 | Grant | β | β |
2 investors in total: 2 institutional.
Investors in MFTech
MFTech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Coriolis Composites.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Robotic cells for fiber placement are manufactured by the company. | 2001 | coriolis-composites.com |
Investor details for MFTech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of MFTech
3 dated milestones of MFTech across 14 years, from founding to its latest funding, stage changes and deals.
- Founded MFTech is founded.
- Funding First funding round of $494K.
- Exit Acquired by Coriolis Composites.
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Frequently Asked Questions about MFTech
MFTech was founded in 2004 and raised its 1st funding round 14 years after it was founded.
MFTech is headquartered in Argentan, France. It is registered at Argentan, Orne, France.
MFTech was established in 2004 and is based in Argentan, France. Filament winding machines services are delivered, focusing on the manufacturing and composites sector. Operations include maintenance, repair, and technical support for these machines, which are used in applications such as pressure vessels and aerospace components. Clients across Europe are served through the companys domain, mftech.fr, ensuring reliable industrial solutions.
MFTech offers Filament Winding Machines and CompositeXplore Services.
MFTech has 2 investors. Key investors include European Union, and Coriolis Composites.
MFTech operates through Coriolis Composites.
Yes. MFTech was acquired by Coriolis Composites in September 2018.
