#United States #Richmond #Cupron #Mark Miller #copper-based

Cupron Performance Additives Secures Initial Round of Series A Financing

Cupron Performance Additives, known for its innovative copper-based specialty chemical formulations, has announced a significant milestone by successfully closing the first tranche of its Series A Preferred Stock financing. This funding not only marks a pivotal point in the company’s growth but also coincides with the strategic appointment of Mark Miller, an industry veteran, to its Board of Directors.

Accelerating Growth in the Personal Care Sector

With the newly secured investment, Cupron is poised to enhance its business model as a supplier of specialty chemicals to leading personal care and hygiene brands. The financial backing will facilitate critical advancements in product development, strengthen technical support for partners, and amplify Cupron’s market presence as a provider of cutting-edge copper-based solutions.

Cupron’s products are designed to offer built-in antimicrobial properties, making them ideal for a variety of applications across personal care, hygiene, medical devices, textiles, and more. This unique feature positions Cupron’s offerings as essential components in the fight against microbial growth in consumer goods.

Key Appointment to the Board

The addition of Mark Miller to the Board is a significant step forward for Cupron. With over 25 years of experience in advanced materials and specialty chemicals, Miller’s expertise will be instrumental as the company aims to expand its offerings. His previous leadership roles at esteemed organizations such as Lonza, BASF, and Nagase Specialty Materials provide him with a wealth of knowledge in commercialization and operational excellence.

Chris Andrews, CEO of Cupron, expressed confidence in Miller’s capabilities, stating, "Mark has built and led commercial organizations at the intersection of science and consumer product innovation. His insight into scaling specialty chemical solutions, especially in hygiene and microbial control, will be a tremendous asset as we expand our partnerships and bring new Cupron-enhanced products to market."

Expansion of Teams and Capabilities

Recently, Cupron has also bolstered its sales and product development teams in response to increased market demand. This expansion will enable deeper collaboration with commercial partners while enhancing the company’s capacity to bring innovative products to market more efficiently.

Diverse Applications of Cupron’s Technologies

Cupron’s patented copper-based formulations deliver cost-effective solutions that enhance the functionality of various products. Currently, the company’s technology is in use or under consideration in diverse sectors, including:

• - Personal Care & Hygiene: Products designed for skin health and microbial control.
• - Medical Devices: Innovations that prevent infection and enhance device safety.
• - Textiles: Fabrics with inherent antimicrobial properties for improved hygiene.
• - Plastics & Coatings: Materials that resist microbial growth, providing longer life and durability.
• - Water Infrastructure: Systems designed to ensure safe and clean water.
• - Building & Construction: Solutions that enhance the lifespan of construction materials.
• - Oil & Gas: Applications that protect equipment in harsh environments.
• - Specialty Industrial: Custom solutions for unique industrial needs.

As Cupron positions itself as a leader in copper-based technology, opportunities for partnerships and collaborations are wide-ranging. Interested parties can learn more about Cupron and potential partnership opportunities by visiting Cupron's website or contacting Ceo Christoper R. Andrews at [email protected].

The successful closure of this financing round marks not just a financial achievement but a commitment to innovation and excellence in the personal care and hygiene markets, setting the stage for a robust future.