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Coatings

Maxterial raises funds for chrome-free coatings

by Craig Bettenhausen
June 29, 2024 | A version of this story appeared in Volume 102, Issue 20

 

The coatings start-up Maxterial has raised $8 million in a series A funding round to support the rollout of its electrodeposited chromium-free coatings. Chrome coatings are used to make steel and other materials harder and more resistant to corrosion and wear, but they are environmentally hazardous. CEO Mehdi Kargar says the firm’s chemistry uses no chromium, cobalt, cyanide, or per- and polyfluoroalkyl substances and is recyclable and compliant with Europe’s registration, evaluation, authorization, and restriction of chemicals regulations.

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