PAO Severstal, one of the world’s largest vertically integrated steel and mining companies, has led a second tranche of investment into Dutch company Airborne, a developer of digital automation platforms for the production of composite parts and products with integrated composites.
The total investment in Airborne has already amounted to “several tens of millions of dollars”, says Severstal.
In spite of the crisis caused by the coronavirus pandemic, which has led to many venture projects on the global market being placed on hold, Severstal led the new investment in Airborne with support of existing shareholders including HPE Growth. [Read more…] about Severstal expands automation capabilities with second investment in Airborne
