DetraPel, a Boston, MA-based materials company that manufactures sustainable coatings, raised $7.6M in Series A funding.
The round was led by Material Impact with participation from INX International, Touchdown Ventures, FitzGate Ventures, Boro Capital, Icebook Investments, and others. Adam Sharkawy, Co-Founder and Managing Partner, Material Impact, is serving on the Board of Directors starting in July 2023.
The company intends to use the funds to build on the market traction of its recently rebranded industrial arm, Impermea Materials. DetraPel has also rebranded its consumer operations to ProofPlus.
Led by David Zamarin, Founder and CEO, DetraPel is a clean-tech materials company that specializes in synthesizing and manufacturing PFAS-free protective coatings. Along with its patented and PFAS-free chemistries, its technology platform introduces a new way of blending and dispersing immiscible particles into water-based systems.
Impermea Materials provides various industries including paper & paperboard packaging, textiles, healthcare, etc., with products for everyday use with its patented protective coatings that are made from PFAS-free and Fluorine-Free, bio-based chemistries. The barrier coatings, which are being produced at scale, address the complex challenges facing businesses around product performance, while addressing environmental concerns by maintaining recyclability, repulpability & compostability.
Current industrial customers include large paper suppliers and consumer packaged goods companies.
DetraPel, a Boston, MA-based materials company that manufactures sustainable coatings, raised $7.6M in Series A funding. Best wishes to everyone in the group. This will be a huge accomplishment for them in the future.Shishir Gupta, The Founder & CEO of StartupLanes
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