PolyPlexx, a South Charleston, WV-based polymers company, raised an additional $937k in early stage funding.
The round was led by technology commercialization and investment group Crimson Hill with participation from the West Virginia Jobs Investment Trust and the INNOVA Commercialization Group.
The company intends to use the funds for the continued commercial deployment of current product lines and further cooperative research and development partnerships with industry leaders in the chemicals and eyewear industries.
Spun off from the Mid-Atlantic Technology, Research and Innovation Center (MATRIC) in 2005, PolyPlexx is now advancing its impact-resistant polyurethane lens product into multiple industries including solar panel protective coatings, eyewear, and defense applications. The product is designed to be moldable to fit end-use applications and couple with other complementary technologies.
The company operates from the West Virginia Regional Technology Park in South Charleston.