TechMediaBreaks – Avadain Inc. Crowdfunding Capital Raise Reaches $3M, Earns Top 1.1% Status

October 3, 2023 12:40:26

Avadain, a pioneering U.S.-based graphene technology company, has surpassed $3 million in its equity crowdfunding capital raise on Netcapital. According to the announcement, that success puts the campaign in the top 1.1% of regulation crowdfunding campaigns of all time. Avadain licenses its graphene-flake manufacturing technology to an array of chemical companies and advanced materials manufacturers. According to the announcement, the company is expected to “produce tons of large, thin and nearly defect-free graphene flakes to meet the exploding demand from a wide range of industries for high-quality graphene.” The lightest, strongest and most electrically and thermally conductive material available, graphene has been called a “miracle material” that has potential to transform thousands of products. Technology futurist and legendary stock picker George Gilder believes that graphene will have an $11.5 trillion impact, saying that the material “will transform the planet and mint hundreds of new millionaires.” In his newsletter, “Gilder’s Private Reserve,” Gilder has given Avadain a strong buy recommendation, stating that “you can’t afford to miss” this graphene startup. “Even though crowdfunding is reportedly down a whopping 70% from January–July over the same period last year, achieving this milestone is an incredible vote of confidence in Avadain’s green, globally patented technology to manufacture high-quality graphene flakes,” said Avadain CEO Brad Larschan in the press release.

To view the full press release, visit https://ibn.fm/eCmIu

About Avadain Inc.

Avadain is a Tennessee-based technology company with a globally patented technology to manufacture the type of graphene that industries are waiting for to enhance thousands of products. Avadain’s breakthrough technology produces superior-quality graphene flakes at low cost using an ecofriendly process. Avadain’s large, nearly defect-free flakes overcome the technical obstacles that have prevented graphene from becoming the supermaterial of the 21st century. For more information about the company, visit www.AvadainGraphene.com.

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