Polyrise just closed a 700.000 € fund raise with ADI Nouvelle Acquitaine support.
This operation was realized with 6 business VC firms: Finaqui, Adour Business Angels, Limousin Business Angels, Synergence, Capitole Angels et 3A Venture and the following two investment funds Dynalim and Expanso.
“This fundraising campaign encourages a long-term technological innovation initiative started in 2006 at the Chemistry University.
Polyrise growth is a source of great satisfaction for us and for our continuing support such as the Regional Council and BPI France and through ADI Nouvelle-Aquitaine “explains Vincent Gaud, co-founder of Polyrise.
Thanks to these new investment capacities, the company will be able to consolidate its leading position in coatings innovation, accelerate its international commercial development and increase its production capacity. Polyrise innovates with its unique know-how and several patents in the field of so-called “sol-gel coatings” intended for the industrial applications. This new generation of coatings is revolutionizing the application of liquid thin film coatings. Polyrise varnishes are now applicable on transparent plastics, glasses, metals by conventional coating techniques (spray, dipping…).