DexMat Funding Round

3/8/2023

Venture Equity

$3,000,000

Seed

The company says its Galvorn materials can replace steel, aluminum, copper, carbon fiber and Kevlar armor at a fraction of the weight.

Private & Independent

Advanced Materials

2429 Bissonnet St
Houston, TX 77023
USA

Undisclosed

At DexMat, we're a climate tech moonshot company that believes carbon is the problem -- and the solution. That's because our flagship material, Galvorn, is made entirely of carbon! We transform hydrocarbons, renewable fuels, and captured carbon into a Space Age material that vastly outperforms traditional alternatives like steel, aluminum, and copper. It's the promise of science fiction made into reality, thanks to research by Professor Matteo Pasquali and his team at Rice University -- refined and commercialized with support from Shell Ventures, the U.S. Department of Energy, NASA, the National Science Foundation (NSF), the United States Air Force, ARPA-E, and others.