How Much Did DetraPel Raise?
Funding & Key Investors

DetraPel, a pioneer in sustainable material science, has successfully secured a major strategic investment, bringing its total capital accumulation to $7.6M. This latest injection of $7.6M marks a pivotal moment for the company as it transitions from a specialized developer of non-toxic, hydrophobic coatings to a broader industrial player. The financing round underscores the growing market appetite for eco-friendly, high-performance protective solutions that address both consumer and enterprise-level requirements for durability and environmental safety.

The capital infusion, finalized in September 2023, serves as a testament to the firm's ability to scale its proprietary technology across diverse material applications. By securing this backing, DetraPel is well-positioned to accelerate its operational footprint and deepen its penetration into global supply chains that are increasingly prioritizing sustainable, non-flammable, and non-corrosive coating alternatives.

What is DetraPel?

DetraPel
ManufacturingChemicals & Related Products

Founded in 2013, DetraPel has established itself as a leader in the development of 100% non-toxic, super-hydrophobic sprays. The company's core value proposition lies in its ability to provide a clear, durable, and biodegradable protective layer for virtually any solid material. Unlike traditional chemical coatings that often carry environmental risks, DetraPel's solution is engineered to be non-flammable and non-corrosive, offering a versatile application range that spans from consumer goods to industrial manufacturing. Its market position is defined by a unique intersection of high-performance material science and environmental stewardship, allowing it to disrupt traditional coating markets that have historically relied on hazardous substances.

How much funding has DetraPel raised?

DetraPel has raised a total of $7.6M across 1 funding round:

2023

Series A

$7.6M

Series A (2023): $7.6M with participation from Material Impact, Icebook Investments, Touchdown Ventures, INX International Ink, and Boro capital

Key Investors in DetraPel

Material Impact

Material Impact is a deep tech venture firm that leverages material science to drive innovation, focusing on first-of-their-kind technologies that enhance global sustainability.

Icebook Investments

Icebook Investments is a Calgary-based family office that provides direct capital and mentorship to early-stage startups across sectors including energy technology and AI.

Touchdown Ventures

Touchdown Ventures specializes in corporate venture capital, providing tailored investment solutions that foster growth and innovation between startups and established corporations.

What's next for DetraPel?

With the recent strategic investment, DetraPel is poised to enter a phase of aggressive commercial expansion. The company's roadmap likely involves scaling its manufacturing capabilities to meet the demands of large-scale industrial partners while continuing to refine its chemical formulations for new material substrates. By leveraging the expertise of its investor base, DetraPel is expected to focus on optimizing its distribution channels and enhancing its R&D pipeline to maintain its competitive edge in the sustainable materials sector. The focus will remain on driving adoption within sectors that require high-performance, eco-conscious protective coatings, effectively bridging the gap between laboratory innovation and mass-market industrial utility.

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Frequently Asked Questions Regarding DetraPel Financial Insights

What are the most recent funding rounds that DetraPel has completed, and what were the funding rounds?
DetraPel has recently completed 1 funding rounds: Series A on Sep 11, 2023.
What is the total amount of funding DetraPel has raised to date?
DetraPel has raised a total of $7.6M in funding to date.
How many funding rounds has DetraPel completed?
DetraPel has completed 1 funding rounds.
How much funding did DetraPel raise in its most recent funding round?
DetraPel raised $7.6M in its most recent funding round.
Who are the lead investors in DetraPel's latest funding round?
The lead investor in DetraPel's latest funding round was Material Impact. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in DetraPel's history?
The largest funding round in DetraPel's history was $7.6M.
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