Detroit Materials
Detroit Materials is an advanced materials firm focused on the commercialization of ultrahigh performance structural materials.
Business Model:
Revenue: $0
Employees: 1-10
Industries / Tags:
Detailed Detroit Materials Information
Geographic Data
Address:
City: Wixom
State: Michigan
Zip:
Country: United States
Financial Info
Stage:
grant
Raised Last:
$225k
Raised Total:$375k
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Description
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.
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| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2014 | Grant | 1 | $150k |
National Science Foundation National Science Foundation |
6/2016 | Grant | 1 | $225k |
National Science Foundation National Science Foundation |
|---|
| Announced Date | Name | Price |
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Employee Departments
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