Autonomic Materials Receives Funding

Autonomic Materials (AMI), a Champaign, Illinois-based company that manufactures self-healing polymeric systems, has received funding from early stage venture fund Independence Equity I.

Based on extensive research from the Autonomous Materials Systems (AMS) Group at the University of Illinois at Urbana-Champaign, AMI’s technology adds protection to high-value structures which are exposed to environmental stresses.
Founded in 2005 by Dr. Scott White, today the company provides innovative self-healing polymeric systems that are capable of repairing themselves after damage (coating systems such as paints that self-repair when scratched or damaged).

AMI is currently working with more than a dozen potential customers and product specifiers, which include major coatings producers and end-users.

FinSMEs

15/12/2011

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