Avadain kicks off second crowdfunding round to raise up to $3.6 million
| Date | 21st, Feb 2023 |
|---|---|
| Source | Graphene Info - Scientific and Educational Websites |
DESCRIPTION
U.S-based graphene technology licensing company, Avadain, recently launched its second
crowdfunding round to raise up to $3.6 million on the Netcapital funding portal. This follows
raising over $600,000 in January from angel groups Harvard Business School Alumni Network and Keiretsu Forum, and $1.36 million in its first crowdfunding round last year. Avadain also attracted a $3.87 million government grants in 2022.
Avadain says it is the only company known to have a technology capable of manufacturing large (50-100 microns), thin (2-5 atomic layers), and nearly defect free graphene flakes cost-effectively in industrial volumes.