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Why family offices are backing an alternative to chrome electroplating
Chrome electroplating is a great way to prevent iron corrosion. But research has now shown the process to be highly toxic and scientists have been stepping up research into alternatives.
US-based Maxterial is leading the way with the backing of Peter Thiel, Pierre Omidyar, Eric Schmidt, and Sebastian Kulczyk, whose father Jan made billions through involvement in Poland's post-communist privatizations.
Maxterial Raises nearly $8 Million in Series A Funding
Reinforces Position as a Disruptive Force in Material Science Innovation
PLEASANTON, Calif., June 20, 2024 /PRNewswire/ -- Maxterial, a technology company dedicated to pioneering advancements in material science including the commercialization of advanced coatings, has announced the successful closure of its Series A funding round, raising nearly $8 million. This milestone underscores Maxterial's rising influence in disruptive material science technologies and its commitment to reshaping traditional industry norms with dynamic and environmentally responsible solutions.
