Elmer-T has secured seed funding from MYSC to enhance its advanced materials aimed at improving safety and efficiency in electric vehicle battery recycling and semiconductor manufacturing.
Target Company Information
Elmer-T is an advanced materials startup founded in 2023, focused on developing innovative solutions for the electric vehicle and semiconductor industries. The company aims to localize high-performance adhesive materials previously reliant on imports, addressing the emerging needs within the electric vehicle battery recycling market and the semiconductor as well as display materials sectors.
Elmer-T's core product, a flame-retardant adhesive for identification labels, provides significant safety enhancements during battery recycling processes by reducing fire risks and facilitating automation. The startup employs a proprietary nano-flame retardant formulation capable of withstanding heat exceeding 1,200°C while maintaining thermal resistance of over 80°C.
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Industry Overview in South Korea
The South Korean advanced materials industry is experiencing robust growth, driven by increasing demands in electric vehicles, semiconductors, and displays. With the government investing
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