Title: Adept Materials Secures $4.6M Seed Round for Innovative Moisture Control Paint Launch
Adept Materials, a groundbreaking advanced materials startup based in Somerville, Mass., recently closed a $4.6M seed round to support the upcoming launch of its innovative moisture control paint system, Lilypad. The company’s unique interior paint and primer system incorporates proprietary technology that passively regulates moisture and humidity within the home.
This exciting development comes after rigorous performance testing in Adept Materials’ R&D facilities at Greentown Labs and by third parties. The team is now gearing up for pilot projects to showcase the benefits of their moisture control technology in real-world settings. In collaboration with leading branding agency Red Antler, Adept Materials has also been working on developing the consumer brand for Lilypad.
The preview of the Lilypad brand at the NAHB International Builders’ Show in Las Vegas garnered significant attention, positioning Adept Materials as a key player in the industry. The company is scheduled to make appearances at various upcoming events to further showcase their innovative product.
With plans to launch Lilypad paint directly to consumers later this year, Adept Materials is set to revolutionize the interior coatings market. Their recent seed round, led by major homebuilders D.R. Horton and PulteGroup, along with other key investors, demonstrates strong support for the company’s vision.
Adept Materials, founded by Brown University Physics Professor Derek Stein, is dedicated to enhancing durability, comfort, and energy efficiency through its patented technology. The company’s headquarters at Greentown Labs serves as a hub for innovation in advanced materials.
For more information on Adept Materials and their groundbreaking products, visit www.adeptmaterials.com. Stay tuned for updates on the Lilypad launch and engage with the company through their media contact.
In conclusion, Adept Materials’ successful seed round and upcoming product launch mark a significant milestone in the industry. With a focus on innovation and sustainability, the company is poised to make a lasting impact on the market. Stay connected with Adept Materials to be part of this exciting journey towards a more advanced and efficient future.
