HOUSTON – (Sept 17, 2020) – Modumetal, Inc. was recognized as one of the 10 Most Promising Companies at the 2020 Energy Tech Venture Forum hosted by the Rice Alliance for Technology and Entrepreneurship on Sept. 17, 2020. The companies were chosen by industry experts and investors.

Modumetal is a global nanotechnology company that developed, patented, and commercially launched advanced nanolamination materials for use in the Oil & Gas, Renewable Energy, Automotive, and Infrastructure markets to combat corrosion. Our technology has a proven 10x performance over conventional coatings such as hot dip galvanized and PTFE as a competitive price structure.

“We are very proud and humbled to have been named one of the Energy Tech Venture Forum’s 10 Most Promising Companies alongside other innovative companies. We are excited about our technology’s proven capability to combat corrosion and extend the life of assets tenfold. We look forward to working with our customers to solve their corrosion problems and license our technology to steel manufacturers”

Dennis Creech

President and CEO Modumetal

In the most competitive year for the forum, 40 energy tech companies were selected to present virtual quick pitches to qualified investors and industry representatives with over 1500 attendees from around the world registering to attend.

The 2020 event was the largest forum in the event’s 18-year history with more than 110 energy ventures participating—these companies have already raised more than $655 million in funding. Throughout the 3-day event, global leaders in energy technology venture capital investing and the leading global energy corporations participated in panels and 40 energy tech ventures pitched their companies. In total, more than 93 investment groups participated in the forum or took office hours. The event kicked off with a keynote from Maynard Holt, CEO of Tudor, Pickering, Holt & Co. and closed with a special announcement on the launch of the new Rice Alliance Clean Energy Accelerator.

A recording of the event is available on the Energy Tech Venture Forum website.

About the Company

Modumetal is a nanotechnology company based in Seattle, WA USA. Our technology forms layers of metallic alloys on metal substrates at a nanometer scale of thickness. By modulating electrical current with a proprietary chemistry to form an alloy structure, Modumetal can deliver unique and disruptive performance in corrosion protection, wear resistance, and durability in an environmentally friendly and sustainable process relative to conventional methods. Modumetal’s nanolayered alloys are affording an entirely new way of applying materials that will fundamentally change the performance of metals in the future.

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About the Rice Alliance for Technology and Entrepreneurship

The Rice Alliance for Technology and Entrepreneurship (Rice Alliance) is Rice University’s globally recognized entrepreneurship initiative devoted to the support of entrepreneurship education, technology commercialization, and the launch of technology companies. Since inception, over 2,675 startups have raised more than $21.5 billion in funding. More than 52,000 entrepreneurs, investors, and members of the entrepreneurial ecosystem have attended over 200 programs hosted by the Rice Alliance.