THANK YOU FOR SUBSCRIBING
The round was driven by KdT Ventures, with cooperation from Viking Global Investors, Refactor Capital, Sahsen Ventures and Godfrey Capital, and additionally DIC Corporation as a section of its recently declared Joint Development Agreement with Checkerspot. Cain McClary, general partner of KdT Ventures, will join the top managerial officers along with David Greenwood, who additionally took an interest in the financing and has worked with the organization as a consultant since 2016.
"At Checkerspot we've sought out partners, including investors, that think differently, share our passion for innovation and share our mission to create new-to-the-world high-performance materials and unique products that also take the environment into account," said CHARLES DIMMLER - CEO AND CO-FOUNDER OF CHECKERSPOT
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
“We are so excited to support Checkerspot as they build capabilities that will allow for new green chemistries and fabrication to open doors to products and materials capabilities not yet imagined or even thought possible. The experience of the founding team and their integrated approach to partnerships and products across their disciplines is unique and a driving force at the company. Checkerspot’s eventual expansion into a myriad of verticals will reveal the true power of the platform as their customers and the company itself forge new ground,” said Cain McClary of KdT Ventures.
“We see triglycerides as molecular scaffolds. Our technology platform leverages an understanding of biology, chemistry, materials science and fabrication, and through it, we believe we can imbue these molecules with properties that dramatically enhance the performance of Checkerspot’s materials. As we grow, we’ll continue to innovate around this platform, further developing its precision to allow us to penetrate into more and more applications areas,” said Scott Franklin, CSO and co-founder of Checkerspot.
The company means to utilize the proceeds to keep on innovating around its stage to enter into an ever-increasing number of application areas.
Check Out Review Of CIOReview : Crunchbase, Glassdoor
Check This Out : CIOReview Overview, Muckrack
More in News