What is ApJeT?
APJeT Plasma Technologies, headquartered in Morrisville, NC, specializes in cutting-edge atmospheric plasma technology. Their patented solutions are engineered for surface activation, coating, and sterilization, aiming to enhance adhesion, improve wettability, and deliver sustainable, water-free coating alternatives. The company's technology finds application across diverse sectors including textiles, biotechnology, automotive, and telecommunications. Originating from Los Alamos National Laboratory, APJeT is dedicated to innovation, offering bespoke machinery and solutions tailored to specific client needs while championing environmental sustainability by reducing carbon footprints.
How much funding has ApJeT raised?
ApJeT has raised a total of $3.2M across 2 funding rounds:
Private Equity
$3.1M
Debt
$150K
Private Equity (2014): $3.1M with participation from Centripetal Capital Partner
Debt (2020): $150K led by PPP
Key Investors in ApJeT
Centripetal Capital Partner
Centripetal Capital Partners is a multi-stage venture capital fund focused on discovering and nurturing innovative growth and early-stage companies. They support management teams committed to reimagining their industries while maintaining a philosophy of doing well and doing good. Their investment strategy emphasizes collaboration with brave leaders to maximize potential. The firm embodies a commitment to integrity and innovation in its approach to venture capital.
What's next for ApJeT?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for ApJeT. This capital infusion is expected to accelerate the company's research and development efforts, expand its market reach, and enhance its manufacturing capabilities. With a foundation rooted in advanced scientific innovation and a commitment to sustainable practices, ApJeT is well-positioned to capitalize on the growing demand for advanced surface treatment technologies across multiple high-value industries.
See full ApJeT company page
