The @Houston Angel Network (HAN) is delighted to announce that nine of its members have closed an investment in CRA Tubulars, a developer of novel, corrosion-resistant tubular goods for applications in the energy sector.

HAN members believe the company is poised to capture a significant share of the corrosion-resistant tubulars market as raw material supply chains—notably for nickel—become increasingly strained due to battery demand growth. Furthermore, they see considerable upside potential in the CCS market, which is expected to grow exponentially in the coming years.

CRA is headquartered in the Netherlands and represents one of the first investments made by HAN members into an international entity. The company welcomed HAN investors as “smart” capital, giving it access to a group of experienced advisors who are well connected in the Houston and broader US energy communities.

HAN reviews applications for funding under five themes: Energy, Technology, Life sciences, Consumer, and Aerospace. More information is available at https://lnkd.in/gy2EqnmV

If you want to join HAN to “Learn and Earn” through angel investing alongside a diverse group of accredited investors, please get in touch with Samia Ahsan.

Matt Bell Eric Schneider, CFA Emile Burnaby Lautier Joost De Bakker Dave Bakker Roderick van Seventer