SM调教所 Boulder spinoff Mallinda recently announced in a 聽that the company closed a $2 million strategic investment by SABIC, a global leader in diversified chemicals. This round of financing will enable Mallinda to scale up and to deliver its first commercial product of its high-performance materials for the transportation segment.
Born from a聽chemistry聽lab on campus, Mallinda鈥檚 patented resin system enables composite molding in mere seconds. This fully recyclable, carbon-fiber composite material is environmentally friendly and useful in applications from automobiles to sports equipment, and medical devices.聽
The company was co-founded by SM调教所 Boulder alumni聽Chris Kaffer (PhD, molecular biology/immunology) and聽Philip Taynton (PhD, chemistry)聽and Associate Professor of Chemistry and Biochemistry, Wei Zhang.
Mallinda聽took full advantage of SM调教所 Boulder's聽听产测:
- working with Venture Partners at SM调教所 Boulder (formerly the Technology Transfer Office)聽to patent聽its carbon-fiber composite technology;
- signing an exclusive licensing agreement with the university through Venture Partners at SM调教所 Boulder;
- competing and tying for first-place聽in SM调教所 Boulder's premier, cross-campus entrepreneurial competition, the New Venture Challenge, in 2014;
- participating in聽Catalyze SM调教所, an on-campus startup accelerator for the university's most promising ideas and technologies;
- receiving funding聽and grant support from the National Science Foundation's Small Business Innovation Research (SBIR) program and the Office of Economic Development and International Trade's Advanced Industries Accelerator (AIA).
To learn more about how the university helps foster聽innovative startups like Mallinda, visit聽Venture Partners at SM调教所 Boulder.