US-based Ares Materials announced that it Japan's Denka invested in the company, with an aim to expand its high-functional materials business. Denka invested via its corporate VC that is jointly managed with Pegasus Tech Ventures.
Ares Materials developed a design technique that utilizes materials informatics (AI) for using enethiols as a raw material and possesses the technology to produce high-performance optical films using the design technique. The company says its optical films offer high performance, low cost and a reduced environmental impact.
Denka aims to partner with Ares Mateirals to combine the company's technology with its own materials and adhesives, and target implementation in flexible displays.
Posted: Oct 26,2024 by Ron Mertens
