Mallinda Receives $2M Strategic Investment From Sabic Ventures

Mallinda IncMallinda. Inc., a Denver, CO-based maker of reversible thermoset resins, raised $2m in funding.

Sabic Ventures made the strategic investment.

The company intends to use the funds to scale up and to deliver its first commercial product, and accelerate the development of its high-performance materials for the transportation segment.

Led by Chris Kaffer, Co-founder and CEO, Mallinda has developed technology to produce pre-cured reversible thermoset composite materials which eliminate refrigerated transport and storage, scrap, are shelf-stable, and improve cycle time dynamics.
The thermoset composites can be recycled back to monomer in an energy neutral environment for the recovery and reuse of resin and reinforcing fibers.

FinSMEs

14/03/2019

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