What is Adaptive Surface Technologies?
Headquartered in Cambridge, Massachusetts, Adaptive Surface Technologies specializes in the development and manufacturing of the SLIPS line of materials. These innovative coatings create a slippery, liquid-infused surface layer that effectively repels fluids, contaminants, and biological fouling agents. The company serves a broad spectrum of industries, including marine, medical, and industrial manufacturing, where surface maintenance and material longevity are critical operational factors. By providing solutions that reduce cleaning requirements and prevent material degradation, the firm occupies a unique niche in the industrial technology landscape, driving efficiency and sustainability for its global client base.
How much funding has Adaptive Surface Technologies raised?
Adaptive Surface Technologies has raised a total of $11.8M across 4 funding rounds:
Series A
$3M
Grant
$3M
Private Equity
$5.7M
Debt
$150K
Series A (2014): $3M with participation from BASF Venture Capital
Grant (2017): $3M led by Advanced Research Projects Agency
Private Equity (2017): $5.7M supported by Massachusetts Clean Energy Center and Anzu Partners
Debt (2020): $150K featuring PPP
Key Investors in Adaptive Surface Technologies
BASF Venture Capital
The corporate venture capital arm of the BASF Group, focusing on strategic investments in fast-growing companies that align with their interests in new materials and circular economy initiatives.
Massachusetts Clean Energy Center
A publicly-funded agency based in Boston dedicated to accelerating the success of clean energy technologies and sustainable industrial projects.
Anzu Partners
An investment firm managing significant assets with a focus on breakthrough technologies in the industrial, clean tech, and life sciences sectors.
What's next for Adaptive Surface Technologies?
With the support of its latest capital injection, Adaptive Surface Technologies is well-positioned to accelerate its commercial expansion and deepen its research capabilities. The company is expected to focus on scaling its manufacturing capacity to meet rising demand in the marine and medical sectors, where its repellent coatings offer significant performance advantages. Furthermore, the firm will likely prioritize the development of next-generation materials that address emerging challenges in environmental sustainability and industrial efficiency. As the company transitions into its next phase of growth, the strategic alignment with its existing investor base will be instrumental in navigating complex global markets and maintaining its competitive edge in the advanced materials industry.
See full Adaptive Surface Technologies company page
