MEDIA COVERAGE
HOUSTON BUSINESS JOURNAL
DexMat sees data center and investor interest in its copper alternative surging
Houston-based DexMat produces Galvorn, a material that takes its name from J.R.R. Tolkien's work. Its CEO says that various industries from defense to data centers are lining up to sign agreements.
DexMat announced it closed a seed funding round totaling over $5 million to scale Galvorn, its lightweight, flexible, carbon-based conductive material positioned as a high-performance alternative to copper.
ENERGY CAPITAL HTX
Houston climatech startup closes $5M seed round to scale copper alternative
DexMat plans to use the recent round to commercially scale Galvorn, its carbon-based conductive fiber. The high-performance copper alternative, originally developed at Rice University.
EV ENGINEERING + INFRASTRUCTURE
DexMat secures seed round to scale carbon-based conductors for EV wiring
DexMat announced the close of a Seed funding round totaling more than $5 million, bringing total equity funding to $10 million.
AXIOS NEWSLETTER
Venture Capital Deals
DexMat, a Houston-based advanced materials developer, raised $5m in seed funding led by Non Sibi Ventures.
HIGHWAYS TODAY
DexMat Scales a New Class of Conductive Materials
Global infrastructure systems are under mounting pressure, and not just from ageing assets or rising demand...Against that backdrop, DexMat has closed a Seed funding round of more than $5 million, bringing total equity funding to $10 million.
The Trellis Impact climate tech startup of the year is Dexmat, which produces a conductive nanomaterial that can be spun into fibers, films and wires for aerospace applications, EVs and energy storage.
Lu et al. report that twisted carbon nanotube filaments (yes, they used Galvorn!) can emit circularly polarized thermal radiation with high brightness, and these materials could be used at high temperatures that are unattainable by existing emitters.
COOLING POST
$10m funding for US heat pump projects
USA: Four heat pump research projects aimed at reducing industrial greenhouse gas emissions are to receive a total of over $10m in funding from the US Department of Energy (DOE).
METAL TECH NEWS
DOE backs Galvorn heat exchanger tech
DexMat and Rice University have received $1.5 million in U.S. Department of Energy funding on a project to replace aluminum or copper fins in heat exchangers with Galvorn.
BRIGHTER SIDE OF NEWS
Carbon nanotubes are paving the way to a greener future
One critical element that often flies under the radar but is indispensable for the clean energy transition is copper.
Carbon nanotube startup DexMat, born at Rice University, has materials scientists abuzz.
Why it matters: The company says its Galvorn materials can replace steel, aluminum, copper, carbon fiber and Kevlar armor at a fraction of the weight.