USA – Cleantech firm, DetraPel has raised US$7.6 million in Series A funding round to facilitate expansion and meet the growing demand for protective coatings in manufacturing.
The funding round was led by Material Impact, with the participation of INX International, a multi-billion-dollar packaging ink manufacturer, as well as Touchdown Ventures, FitzGate Ventures, Boro Capital, Icebook Investments, and more.
According to DetraPel, the acquired funds will be allocated for its recently rebranded industrial division, Impermea Materials, which focuses on delivering solutions for PFAS-free and plastic-free sustainable coating innovations.
Shane Bertsch, INX Senior Vice President of Strategic Planning and Innovation said: “In partnering with DetraPel, we recognize the synergy between INX and Impermea Materials in serving the paper and paperboard packaging markets with sustainable solutions.
“Impermea’s product offering complements our goals, and we are excited to collaborate with DetraPel in accelerating sustainable barrier coating solutions to market.”
Impermea Materials has been supplying patented protective coatings made from perfluoroalkyl and polyfluoroalkyl substances (PFAS)-free and Fluorine-free, bio-based chemistries to paper and paperboard packaging, textiles and healthcare industries.
The funds will scale up Impermea Materials’ production processes, which include product development that is currently in progress, a new advanced synthesis laboratory, an application and commercialization laboratory, sales, marketing, and more.
DetraPel has also rebranded its consumer-facing operations as ProofPlus, solidifying its position as a robust textile protector brand.
The company, under the leadership of David Zamarin, Founder, and CEO, specializes in clean-tech materials. It excels in synthesizing and producing sustainable coatings.
Their technology platform introduces an approach to blending and dispersing immiscible particles into water-based systems, backed by patented, PFAS-free chemistries.
Adam Sharkawy, Co-Founder and Managing Partner at Material Impact, emphasized the company’s capability to provide customized solutions with safer chemistry and formulations, catering to customer needs while prioritizing human health and environmental concerns. The collaboration aims to address the increasing demand in this space.
In textiles, Impermea’s protective coatings provide liquid repellency, stain resistance, UV fade resistance, and flame retardancy.
In the realm of food packaging, these barrier coatings offer top-tier oil and grease resistance, address moisture sensitivity, provide release properties, and withstand temperature fluctuations.
This enables companies to transition to plastic-free alternatives without compromising on product performance. Impermea also offers antimicrobial coatings for healthcare applications, protecting against viruses.
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