Avadain raises crowdfunding cap to $3.75 million as investors support domestic solution

Avadain, Inc., a Memphis-based nanomaterials company, has increased its crowdfunding cap to $3.75 million due to strong investor interest. The company, which raised $1.7 million on the first day of its current Regulation Crowdfunding round and $2.5 million within two weeks, is the sole entity capable of manufacturing LTDF graphene. This advanced carbon material, recognized for its transformative potential, can replace critical minerals in various applications, offering a U.S.-controlled supply chain alternative to China's dominance.

LTDF graphene, a Nobel Prize-winning material, can substitute silver in printed electronics, replace mined graphite in battery anodes, and reduce cobalt content in lithium cells. This positions it as a strategic resource for American manufacturers facing high costs and limited access to critical minerals. With China controlling a significant portion of the world's rare earths and synthetic graphite, LTDF graphene presents a cost-effective short-term solution.

Avadain licenses its patented manufacturing process to U.S. chemical companies, facilitating rapid scaling and a distributed production base. Harcros Chemicals, based in Kansas City, is the first to enter an agreement to manufacture LTDF graphene. Technology forecaster George Gilder has endorsed Avadain as a promising investment opportunity.

To date, Avadain has secured over $20 million in funding, including more than $13 million through crowdfunding from over 3,500 investors on Netcapital. The company is also in discussions with the federal government to expedite the deployment of LTDF graphene production. Avadain holds 58 patents across 39 countries and counts Panasonic and Harcros Chemicals among its supporters. Henry Ford III serves as chairman of the board.