Avadain Increases Crowdfunding Cap to $3.75M After Rapid Investor Demand on Netcapital
Avadain, a Memphis-based nanomaterials company, raised $2.5 million in under two weeks through its Reg CF campaign on Netcapital, prompting an increase in its crowdfunding cap to $3.75 million. The company develops LTDF graphene as a substitute for critical minerals dominated by China. Over $13 million has been raised via crowdfunding from more than 3,500 investors.