TAGS: Architectural Coatings
EvoNexus in partnership with EMD Performance Materials, the North America high-tech materials business of Merck KGaA, Darmstadt, Germany, has launched an open application round in search of early stage companies with emerging technologies and use cases relevant to EMD Performance Materials’ core business.
EvoNexus Incubator Model
EMD Performance Materials offers specialty materials and technologies that are critical to the functioning of electronic displays, semiconductor devices, as well as decorative and functional coatings.
“The EvoNexus incubator model is unique in that it’s providing top tier startups access to mentoring, access to capital, access to strategic partnerships, and collaborative working space allowing them to commercialize concepts and bring products and solutions to market quickly,” said Michael Matthews, Director of Partnerships at EMD Performance Materials.
“We are looking forward to EvoNexus’ outreach to research institutions and entrepreneurs in this Application Round with us. The potential deal flow emerging from technology transfers, external partnerships for R&D and acquisition is important for us to anticipate and respond to market demands. EMD Performance Materials’ venture fund, M Ventures, has already invested in one EvoNexus portfolio company.”
Start-Ups Encouraged to Apply During Open Round
Science and technology-based startups working on early stage solutions related to novel materials and technologies are encouraged to apply during this open round. Finalists will be considered for admission into the EvoNexus Technology Incubator/EMD Portfolio of Companies, as well as for early stage funding and additional EMD Performance Materials partnership opportunities, including corporate R&D connections, early business unit exposure, technology steering and potential Beta customer trials.
EMD Performance Materials is interested in startups developing new materials & processes related to…
- Semiconductor Devices, electronic packaging & interconnects
- Advanced sensors & displays
- Electro-Optical devices
- Functional, decorative, and bioactive additives for coatings
Deadline to Apply - May 4th, 2019
Complete the application to be considered for acceptance into the EMD Performance Materials sponsored EvoNexus Technology Incubator. The Incubator program begins June 2019. The deadline to apply is May 4th, 2019.
“Partnering with world leader EMD in search of early stage startups with novel performance materials for technology is important for the Region’s Innovation Ecosystem,” said Rory Moore, CEO and Co-Founder of EvoNexus. “As we continue to source entrepreneurs with groundbreaking ideas from our surrounding Community or evolve science developed in post doc labs at world class universities, we are expanding the boundaries of our Technology Incubator into sectors that improve the quality of our daily lives in many ways.”
EvoNexus enables motivated entrepreneurs to turn their transformative ideas into fundable, commercially-viable companies. Since 2013, 26 of our 200 portfolio companies have been acquired; seven were purchased during the last year. To date, its portfolio of companies has raised almost $1B in funding.
EvoNexus Portfolio companies in this round will have the opportunity to advance from partnership opportunities with EMD Performance Materials, in addition to receiving EvoNexus Technology Incubator benefits including capital formation/funding, strategic partnerships, customer connections for go to market strategy, product development and commercialization, domain specific mentorship and up to 24 months of residency in Class A office and hardware development lab space.
Source: EvoNexus