DetraPel Closes $7.6M Series A Funding
DetraPel, the advanced materials company that manufactures sustainable coatings announced the completion of its $7.6M Series A funding led by Material Impact. Additional investors in this round include multi-billion dollar packaging ink manufacturer, INX International, along with Touchdown Ventures, FitzGate Ventures, Boro Capital, Icebook Investments, and others. The newly raised funds will allow DetraPel to build on the market traction of the company’s recently rebranded industrial arm, Impermea Materials. DetraPel has also rebranded its consumer operations to ProofPlus. The capital is earmarked for scale up of its commercial coatings production to meet the demand of customers. Read more >>