Seram Coatings is a Norwegian manufacturing startup founded in 2014. The company has developed a groundbreaking product called ThermaSiC, which is a coating made of SiC (Silicon Carbide) applied using thermal spraying technology, ideal for harsh and high-temperature environments. ThermaSiC offers superior performance, withstanding temperatures up to 1500°C in air and 2400°C in an inert atmosphere, resulting in extended product lifetimes and reduced maintenance costs.
Compared to traditional vacuum deposition methods, the thermal spray process for ThermaSiC boasts higher deposition rates and efficiency at a significantly lower cost. Additionally, this innovative coating can be applied in atmospheric conditions, eliminating the need for expensive vacuum chambers. Notably, Seram Coatings secured a €1.97M grant investment from in December 2016, enabling the company to progress with pilot projects across various industries.
Given these advancements, Seram Coatings showcases strong potential to revolutionize the manufacturing industry and attract further investment for scaling their technology across global markets.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | €1.97M | 1 | EASME - EU Executive Agency for SMEs | 01 Dec 2016 |
| Funding Round | $2.10M | - | 29 Feb 2016 |
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