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Polymers

Polymer additive firm Mito gets seed funding

by Alexander H. Tullo
September 3, 2020 | APPEARED IN VOLUME 98, ISSUE 34

 

The Indianapolis-based start-up Mito Material Solutions has received $1 million in seed funding from Dipalo Ventures, Clean Energy Trust, and other investors. Mito got $1.1 million last year from the US National Science Foundation. The company is developing a hybrid of polyhedral oligomeric silsesquioxane and graphene oxide for composites and thermoplastics. It claims the additive can improve performance parameters like strength by as much as 135% and allow polymers to replace metal components.

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