LumiShield provides sustainable, cost-effective coating solutions for industry.
Lumidize® was recently introduced into an $11B metal pretreatment market that has seen no major innovation in decades. The aluminum oxide coating, which will be the first of many products based on LumiShield’s revolutionary proprietary chemistry, improves adhesion of paints to metals and helps them resist corrosion more effectively. Lumidize is attractive to manufacturers of metal products because it can be applied to a wide range of metal substrates and multi-metal components and improves paint performance. Lumidize also makes use of manufacturers’ existing capital equipment while simplifying their manufacturing processes, reducing their cost of ownership, and eliminating major environmental problems associated with existing technology.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 14, 2017 | Grant | $1.15M | 1 | National Science Foundation | — | Detail |
Nov 2, 2015 | Grant | $149.98K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
National Science Foundation | Yes | Grant |