Detroit Materials

company

About

Detroit Materials is an advanced materials firm focused on the commercialization of ultrahigh performance structural materials.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$150K
Industries
Advanced Materials,Market Research,Web Development
Founded date
Jan 1, 2013
Number Of Employee
1 - 10
Operating Status
Active

Detroit Materials is an advanced materials firm focused on the commercialization of ultrahigh performance structural materials. It has a portfolio of customizable high-strength low-alloy structural ferrous materials for demanding applications in the defense, off-highway, tooling, and transportation industries.

Detroit Materials’ materials provide cost and performance advantages over current high alloy materials. Its combination of material chemistry and manufacturing process creates steel with an average 40% lower material cost and similar properties to exotic alloys such as boron, nickel, and cobalt steels.

Detroit Materials is headquartered in Michigan, U.S.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$375K
Detroit Materials has raised a total of $375K in funding over 2 rounds. Their latest funding was raised on Jun 20, 2016 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 20, 2016 Grant $225K 1 National Science Foundation Detail
May 19, 2014 Grant $150K 1 National Science Foundation Detail

Investors

Number of Lead Investors
Number of Investors
2
1
Detroit Materials is funded by 1 investors. National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant