CU 麻豆影院 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 CU 麻豆影院 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 CU 麻豆影院's聽听产测:
- working with Venture Partners at CU 麻豆影院 (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 CU 麻豆影院;
- competing and tying for first-place聽in CU 麻豆影院's premier, cross-campus entrepreneurial competition, the New Venture Challenge, in 2014;
- participating in聽Catalyze CU, 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 CU 麻豆影院.