Avadain raises $1.37 million

Avadain recently raised $1.37 million backed by Netcapital Inc. (Nasdaq: NCPL, NCPLW), a digital private capital markets ecosystem.

Brad Larschan, CEO of Avadain, commented, “Avadain was founded with the mission of unleashing the ‘Graphene Revolution’ by delivering industrial volumes of our green, high-quality graphene flakes at an affordable price to address rapidly growing market demand. We are grateful to Netcapital for bringing our investment story and mission to thousands of prospective investors. The funds we raised through the Netcapital funding portal will help us expand our global patent portfolio, produce samples which industry has been asking for, and fund operations to meet the explosive projections for graphene demand across high-growth markets.”