Avadain
Avadain is a Memphis-based advanced materials company that licenses proprietary electrochemical exfoliation technology to produce Large, Thin and Defect-Free (LTDF) graphene flakes for licensees serving battery, composite, and electronics end markets.
- Company typePrivate
- Founded2021
- HeadquartersEads, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Avadain does
Avadain is a Memphis, Tennessee-based advanced materials company founded in 2021 that manufactures Large, Thin and Defect-Free (LTDF) graphene flakes using a proprietary electrochemical exfoliation process. The company's technology is positioned as a platform input applicable to more than 45 end-product industries, including lithium-ion battery anodes, structural composites, electronics, water filtration, and aerospace applications, with stated priority on energy storage and composites end-uses.
The company's core product is its LTDF graphene flake, differentiated by physical dimensions (large lateral size, thin profile) and crystallographic quality (defect-free). Production scale-up is being pursued through a Gen 3 continuous reactor development program with Southwest Research Institute, with a pilot plant delivery targeted for September 2025. Avadain holds a patent estate covering its electrochemical exfoliation technology in over 40 countries, including issued US patent 11,504,253.
Avadain's commercial model is asset-light and licensing-based: rather than producing and selling graphene directly, the company licenses its flake specifications and reactor know-how to established chemical manufacturers. Its first commercial licensee is Harcros Chemicals (signed January 2025), and management has publicly targeted ten or more licensees by 2028. The company has raised approximately $18.1M in total capital, comprising ~$10.8M across three Netcapital crowdfunding rounds, a $3.77M NIST grant (March 2022), a $1.5M Intelligence360 round (November 2023), and strategic/angel capital including Panasonic and HBS Alumni Angels. Henry Ford III joined as non-executive Chairman in September 2024.
Avadain firmographics
Firmographics- Name
- Avadain
- Legal name
- Avadain, Inc.
- Website
- https://avadaingraphene.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Avadain is a Memphis-based advanced materials company that licenses proprietary electrochemical exfoliation technology to produce Large, Thin and Defect-Free (LTDF) graphene flakes for licensees serving battery, composite, and electronics end markets.
- Ownership category
- akta.pro rank
Avadain industry classification
Industry- Product category
- Advanced Materials / Graphene Manufacturing
- NAICS
- All Other Rubber Product Manufacturing (326299)
- SIC
- Miscellaneous Chemical Products (2890)
- akta.pro primary industry
- Synthetic Graphite Feedstocks (Petroleum Needle Coke & Pitch) (IMAKAFAE)
Keywords
Where Avadain is headquartered
LocationHeadquarters
- HQ city
- Eads
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Avadain business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations
Revenue model
- Technology Licensing: Primary revenue model is licensing manufacturing technology to chemical companies and advanced materials manufacturers. Licensees use Avadain's patented technology to manufacture and sell LTDF graphene to companies in 45+ industries. Avadain receives licensing fees and ongoing royalties from licensees.
- Pilot Plant Sales: Selling pilot plants to initial licensees (e.g., pilot plant for Harcros Chemicals scheduled for delivery in September) as part of technology transfer and licensing arrangements.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Avadain product offering
Product offeringCore offering
Avadain manufactures Large, Thin and Defect-Free (LTDF) graphene flakes using a patented electrochemical exfoliation and expansion technology and licenses this manufacturing process to chemical companies and advanced materials manufacturers. The flakes produced average 55-100 µm² lateral size with 1 nm thickness (2-5 atomic layers) at greater than 70% yield, with each production line capable of 2 metric tons annually (7-10 kg/day). The company's primary revenue model is technology licensing with ongoing royalties, supplemented by pilot plant sales to licensees.
Product overview
Avadain is a graphene technology company offering LTDF (Large, Thin and Defect-Free) graphene flakes as its core product, manufactured using a patented electrochemical exfoliation and expansion technology. The company operates a technology licensing business model, granting licenses to chemical companies and advanced materials manufacturers to produce LTDF graphene flakes. The product portfolio includes: (1) LTDF Graphene Flakes - the core material product averaging 55-100 µm² lateral size and 2-5 atomic layers thick with >70% yield; (2) Graphene Manufacturing Technology Licensing - the patented manufacturing process licensed to partners; (3) Pilot Plant for Harcros Chemicals - the first commercial deployment of the technology; and (4) Gen 3 Continuous Production Reactor - the production equipment developed with SwRI for mass production scaling. The company targets 45+ industries including batteries, AI data centers, defense, electronics, and construction materials.
Differentiator
Problem solved
Functional benefit
Products and services
- LTDF Graphene Flakes Large, Thin and Defect-Free (LTDF) graphene flakes manufactured using Avadain's patented electrochemical exfoliation technology. Flakes average 55-100 µm² lateral size and 1 nm thickness (2-5 atomic layers) with greater than 70% yield. Used as an additive across 45+ industries including batteries, AI data centers, defense, electronics, and construction.
- Graphene Manufacturing Technology Licensing Patented manufacturing technology for producing LTDF graphene flakes using electrochemical exfoliation and expansion. Avadain licenses this technology to chemical companies and advanced materials manufacturers, providing technology transfer and ongoing support, with licensees paying licensing fees and ongoing royalties.
- Pilot Plant for Harcros Chemicals A modular graphene pilot plant designed for Harcros Chemicals as Avadain's first manufacturing licensee. The plant enables Harcros to manufacture LTDF graphene flake samples for its customers across 45+ industries.
- Gen 3 Continuous Production Reactor Third-generation continuous flow reactor for upscaling graphene flake production from batch to continuous manufacturing, developed in partnership with Southwest Research Institute (SwRI) in San Antonio, Texas. Enables mass production scaling for licensees.
Quantifiable outcome
- 0.50% Avadain graphene added to supercapacitor electrodes enabled faster charging/discharging and 100% stable capacitive efficiency vs 25% decline with reduced graphene oxide
- +3 more outcomes
Companies that use Avadain
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Avadain technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Avadain partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship, minor and core.
- Harcros ChemicalsflagshipHarcros Chemicals signed license agreement to become the first manufacturer of Large, Thin and Defect Free (LTDF) graphene flakes using Avadain's globally patented technology. Avadain plans to ship a pilot plant to Harcros in September 2025, enabling Harcros to manufacture samples for its customers. Harcros will soon begin selling the world's most important additive material.
- Harcros ChemicalsflagshipLetter of Intent signed October 2023 for Harcros to use Avadain's technology to manufacture graphene flakes. Evolved into full license agreement signed January 2025.
- MAGFASTminorPartnership to explore revolutionary uses of graphene in next-generation charging devices. Early-stage exploration of graphene applications in charging technology.
- Southwest Research Institute (SwRI)coreSwRI in San Antonio, Texas is scaling up Avadain's technology from batch to continuous flow production. Hosted meetings with Harcros Chemicals to view Gen 3 continuous production reactor and outline plans. 1,500-acre campus in San Antonio.
- KingsCrowdminorCrowdfunding analytics and investment platform. Avadain won KingsCrowd pitch competition and has been featured on the platform for investor visibility.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Avadain competitors and assessment
Company assessmentDirect peers
- Graphenea: Spain-based graphene producer offering graphene oxide, reduced graphene oxide, and graphene nanoplatelets for research and industrial applications. Highly comparable as a commercial graphene flake/nanoplatelet manufacturer serving similar end markets (electronics, composites, energy).
- Vorbeck Materials: US-based graphene company producing Vor-x graphene materials for batteries, composites, and conductive applications. Directly comparable as a North American graphene materials producer targeting industrial end markets.
- Haydale Graphene Industries: UK-listed company producing functionalized graphene nanoplatelets (HDPlas) for composites, energy storage, and structural applications. Closely comparable in stage, focus on commercializing graphene for industrial use, and product portfolio.
- Directa Plus: Italian-listed graphene company producing G+ graphene nanoplatelets for textiles, environmental, and composites applications. Comparable in commercializing graphene as a performance additive and licensing-based business model.
- XG Sciences: US-based producer of xGnP graphene nanoplatelets for composites, energy storage, and coatings. Direct competitor in the graphene additive space serving similar industrial customers.
- First Graphene: Australian-listed pure-play graphene producer (PureGRAPH product line) targeting industrial markets including composites, coatings, and energy storage. Comparable in commercialization stage and product positioning as a high-quality graphene supplier.
- Angstron Materials: US-based graphene nanoplatelet and prime graphene manufacturer serving composites, energy, and electronics applications. Directly comparable product portfolio and customer base in the high-quality graphene flake market.
- Thomas Swan: UK-based advanced materials company with an ElCarb graphene product line for composites and energy applications. Comparable as a specialty materials company with a dedicated graphene product family.
- Talga Resources: Australian vertically integrated graphite-graphene producer (Talphene) developing graphene additives for batteries, coatings, and composites. Comparable in commercializing graphene as a performance additive for industrial end markets.
Broad incumbents
- Global Graphene Group: Larger US graphene company with broader product portfolio (graphene-enhanced batteries, composites, thermal management). Comparable category, but operates as a more diversified incumbent across multiple graphene end-products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Avadain social profiles
Digital presenceAvadain financial estimates
Financial estimateRevenue estimate
Valuation estimate
Avadain leadership team
Management profileNumber of profiles
Profiles5 records
Avadain funding detail
Funding detailFunding overview
Funding rounds7 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Avadain M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Avadain
What does Avadain do?
Avadain manufactures Large, Thin and Defect-Free (LTDF) graphene flakes using a patented electrochemical exfoliation and expansion technology and licenses this manufacturing process to chemical companies and advanced materials manufacturers. The flakes produced average 55-100 µm² lateral size with 1 nm thickness (2-5 atomic layers) at greater than 70% yield, with each production line capable of 2 metric tons annually (7-10 kg/day). The company's primary revenue model is technology licensing with ongoing royalties, supplemented by pilot plant sales to licensees.
Is Avadain a public or private company?
Avadain is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Avadain founded?
Avadain was founded in 2021. It employs 1 to 10 people.
Where is Avadain based?
Avadain is headquartered in Eads, United States, in the North America region.
How does Avadain make money?
Two revenue lines are on record. Technology Licensing is the primary driver. The others are pilot Plant Sales.
Who are Avadain's main competitors?
Direct peers on record are Graphenea, Vorbeck Materials, Haydale Graphene Industries, Directa Plus, XG Sciences, First Graphene, Angstron Materials, Thomas Swan and Talga Resources. Global Graphene Group is listed as a broad incumbent.
Does Avadain have an API?
No public API is recorded for Avadain.
What industry is Avadain in?
Avadain's product category is Advanced Materials / Graphene Manufacturing. Its primary akta.pro industry code is IMAKAFAE, Synthetic Graphite Feedstocks (Petroleum Needle Coke & Pitch). Its NAICS code is 326299 and its SIC code is 2890.