Fundz

PPG Receives DOE Funding for Energy-Saving Automotive Paints and Coatings

PRIVATEAug 13, 2020

Round Type

Funding Round

SumaréManufacturingHardwareSoftwareMobile

Description

PPG (NYSE:PPG) today announced a partnership with the U.S. Department of Energy (DOE) Lawrence Berkeley National Laboratory (LBNL) for a research initiative aimed at developing energy-efficient coatings systems for the automotive industry. The PPG project – “Modeling Coating Flow and Dynamics during Drying” – was selected to receive funding through the DOE High Performance Computing for Energy Innovation (HPC4EI) program.

Quick answer

PPG raised an undisclosed amount in a Funding Round round, dated August 13, 2020. PPG is based in Sumaré, São Paulo, Brazil.

How much did PPG raise?
PPG raised an undisclosed amount in a Funding Round round on August 13, 2020.
Where is PPG based and how big is it?
PPG is based in Sumaré, São Paulo, Brazil.

Source: Fundz verified event record.

Who else raised in Hardware and Mobile around the same time

Companies in the same sectors as PPG that raised within 45 days of this round, from Fundz verified event records.

  • Kaleyra raised $6M (Funding Round) on August 3, 2020.
  • Gauntlet Networks raised $4.4M (Seed) on September 16, 2020.
  • Phantom Space Corporation raised $545K (Seed) on September 11, 2020.
  • Socket Mobile raised $1.5M on September 10, 2020.
  • Ouster raised $42M (Series B) on September 8, 2020.
  • VersusGame raised $3.4M (Seed) on August 28, 2020.

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Company Information

Company

PPG

Location

Sumaré, São Paulo, Brazil

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