About Adaptive Surface
Adaptive Surface is a company based in Cambridge (United States) founded in 2014 by Philseok Kim and David Ward.. Adaptive Surface has raised $15.42 million across 3 funding rounds from investors including BASF, MassCEC and Anzu Partners. Adaptive Surface offers products and services including SLIPS® Coatings and AST Repellent Additives. Adaptive Surface operates in a competitive market with competitors including actnano, P2i, HZO Waterproof Technologies, Nelumbo and Dais, among others.
- Headquarter Cambridge, United States
- Founders Philseok Kim, David Ward
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Sectors
Chemicals & MaterialsTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Adaptive Surface Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.42 M (USD)
in 3 rounds
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Latest Funding Round
$3.82 M (USD), Series A
Mar 21, 2022
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Investors
BASF
& 3 more
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Employee Count
Employee Count
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Products & Services of Adaptive Surface
Adaptive Surface offers a comprehensive portfolio of products and services, including SLIPS® Coatings and AST Repellent Additives. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Coatings that create smooth, non-stick surfaces to repel fluids and contaminants.
Additives for repelling biofouling in marine and industrial applications.
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Funding Insights of Adaptive Surface
Adaptive Surface has successfully raised a total of $15.42M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.82 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $3.8M
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First Round
First Round
(29 Oct 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - Adaptive Surface | Valuation |
investors |
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| Jun, 2017 | Amount | Series A - Adaptive Surface | Valuation |
investors |
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| Oct, 2014 | Amount | Series A - Adaptive Surface | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Adaptive Surface
Adaptive Surface has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include BASF, MassCEC and Anzu Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in industrial and life sciences technology companies.
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Founded Year | Domain | Location | |
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Accelerator & incubator focused on clean energy firms
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Founded Year | Domain | Location | |
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Chemicals and related products are produced and marketed globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Adaptive Surface
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Adaptive Surface
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adaptive Surface Comparisons
Competitors of Adaptive Surface
Adaptive Surface operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as actnano, P2i, HZO Waterproof Technologies, Nelumbo and Dais, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Environmental resistant nanocoatings are developed for diversified applications.
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| domain | founded_year | HQ Location |
Provider of ultra-thin barrier coatings for electronics, materials, and medical applications
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| domain | founded_year | HQ Location |
Water-resistant coatings are developed for electronic components and assemblies.
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| domain | founded_year | HQ Location |
Omniphobic nanocoatings are developed for air conditioners to enhance efficiency.
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| domain | founded_year | HQ Location |
Nanomaterial-based polymers are supplied for air and water purification.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adaptive Surface
Frequently Asked Questions about Adaptive Surface
When was Adaptive Surface founded?
Adaptive Surface was founded in 2014.
Where is Adaptive Surface located?
Adaptive Surface is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of Adaptive Surface?
David Ward is the current CEO of Adaptive Surface. They have also founded this company.
Is Adaptive Surface a funded company?
Adaptive Surface is a funded company, having raised a total of $15.42M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Oct 29, 2014.
What does Adaptive Surface do?
Adaptive Surface was founded in 2014 in Cambridge, United States, and focuses on developing materials and coatings for fluid repulsion. Products such as SLIPS Repel and SLIPS Four Protect are designed for application to plastics, metals, ceramics, glass, concrete, and similar substrates. These coatings resist oils, paints, emulsions, lotions, gels, blood, bacteria, and marine organisms. Operations target industrial, marine, and medical sectors.
Who are the top competitors of Adaptive Surface?
What products or services does Adaptive Surface offer?
Adaptive Surface offers SLIPS® Coatings and AST Repellent Additives.
Who are Adaptive Surface's investors?
Adaptive Surface has 4 investors. Key investors include BASF, MassCEC, Anzu Partners, and Hansjorg Wyss.
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