CHASM Advanced Materials and Aon Close $25 Million Intellectual Property-based Finance Deal
CHASM Advanced Materials is the inventor and manufacturer of nanotube hybrids– a new class of advanced material used by global manufacturers of commercial and industrial products to dramatically improve device technology, transportation, infrastructure, healthcare and natural resources.
"This injection of growth capital for CHASM comes at a critical time in our company history," said CHASM's CEO and co-founder
AgeNT™ transparent heater films are being integrated into headlights, windows and grille areas of transportation vehicles to uniformly and quickly heat up these surfaces for defogging and de-icing. Transparent heaters are especially important for advanced driver assistance systems (ADAS) to work properly during inclement weather. NTeC™ conductive and reinforcing additives enable faster-charging batteries and also help address a global environmental issue by decarbonizing concrete. CHASM-H2O™ membranes are being developed to make reverse osmosis (RO) systems for water purification and desalination dramatically more efficient and affordable for people, industry and agriculture.
"Intellectual property is a bedrock of our economy. Working with IP-rich companies, such as CHASM, to leverage their IP to access growth capital is truly defining IP as an important and emerging asset class," said
"Aon is excited to collaborate with CHASM and their talented management team as they expand the delivery of their IP-driven product sets to the market," said
Aon was recently named to
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