DexMat

Internet Service Providers · Network Security
$18.2Mtotal raised · 14 rounds on record
$1Mlatest round · Venture round · Aug 2026 · 3 mo ago
3backers · Capital Factory, Aramco Ventures
$4Mgrants · 10 grants · CORDIS

Overview

DexMat produces Galvorn: the advanced carbon material that delivers a multi-property advantage — conductivity, strength, light weight, and flexibility.

Key facts

These are the key facts about DexMat on Alion as of Nov 13, 2026. DexMat is headquartered in Houston, United States. It was founded in 2018. It has raised $18.2M in 4 funding rounds. The latest round is Venture - Series Unknown of $1M, announced in 2026.

Headquarters
Houston, United StatesAlion company profile, updated Oct 9, 2026
Founded
2018Alion company profile, updated Oct 9, 2026
Employees
10+Alion company profile, an estimated range
Total raised
$18.2MSum of 4 equity rounds Alion knows
Latest round
Venture - Series Unknown · $1M · Aug 3, 2026SEC Form D filing · sec.gov

Funding and backers

Total raised
$18.2M
14 rounds on record
Latest round
$1M
Venture round · Aug 2026 · 3 mo ago
Team
9
US Form 5500 (plan participants) · Dec 2024
Grants
$4M
10 grants · CORDIS
Backers
3
Capital Factory, Aramco Ventures
The money's age
Fresh money
3 months since the last round · not hiring
Momentum
35/100
in the news, fresh money
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Sep 16 Recognition DexMat Selected as a World Economic Forum UpLink Challenge Winner · dexmat.com Aug 19 New executive Asena Hertz, Executive Officer · SEC Form D Aug 5 Certified DexMat Earns ISO 9001 Certification for Galvorn Manufacturing · dexmat.com Aug 3 Raised a round Venture round $1M · SEC Form D Jan 28 Raised a round Seed $5M Oct 24, 2025 Raised a round Venture round $9.2M · SEC Form D Mar 8, 2023 Raised a round Seed $3M · led by Shell Ventures Jun 27, 2022 Won a grant $200k · CORDIS Sep 21, 2021 Won a grant $749k · CORDIS Feb 19, 2019 Won a grant $150k · CORDIS Jul 27, 2018 Won a grant $125k · CORDIS 2018 Founded Sep 29, 2017 Won a grant $750k · CORDIS May 24, 2017 Won a grant $748k · CORDIS Jul 13, 2016 Won a grant $150k · CORDIS Jul 13, 2016 Won a grant $750k · CORDIS Jul 1, 2016 Won a grant $225k · CORDIS Jun 10, 2016 Won a grant $125k · CORDIS
Funding rounds
RoundDateAmountInvestorsSource
Venture round Aug 2026 $1M — SEC Form D
Seed Jan 2026 $5M — streetinsider.com
Venture round Oct 2025 $9.2M — SEC Form D
Seed Mar 2023 $3M Shell Ventures lead bizjournals.com
Grant Jun 2022 $200k — CORDIS
Grant Sep 2021 $749k — CORDIS
Grant Feb 2019 $150k — CORDIS
Grant Jul 2018 $125k — CORDIS
Grant Sep 2017 $750k — CORDIS
Grant May 2017 $748k — CORDIS
Grant Jul 2016 $750k — CORDIS
Grant Jul 2016 $150k — CORDIS
Grant Jul 2016 $225k — CORDIS
Grant Jun 2016 $125k — CORDIS
Registers and programsofficial lists and records that name the company
Legal entity DexMat, Inc. SEC Form D
Founders and leadersfrom filings, registers and the company's site
Bryan HassinExecutive Officer, DirectorSEC Form D
Jill DupreExecutive OfficerSEC Form D
Dmitri TsentalovichExecutive OfficerSEC Form D
Asena HertzExecutive OfficerSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
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Financials

Total raised
$22.2M
Latest round
Venture - Series Unknown
Funding rounds
14
Funding rounds
Round Announced Amount
Venture - Series Unknown 2026 $1M Details
Seed 2026 $5M Details
Venture - Series Unknown 2025 $9.2M Details
Seed 2023 $3M Details
Grant 2022 $200k Details
Grant 2021 $749k Details
Grant 2019 $150k Details
Grant 2018 $125k Details
Grant 2017 $750k Details
Grant 2017 $748k Details
Grant 2016 $750k Details
Grant 2016 $150k Details
Grant 2016 $225k Details
Grant 2016 $125k Details

People

Bryan Hassin
Executive Officer, Director
Jill Dupre
Executive Officer
Dmitri Tsentalovich
Executive Officer
Asena Hertz
Executive Officer
Matteo Pasquali
Director
Kent Lucas
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Connections

List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors3
Capital FactoryVia a fund
25 portfolio companies: Exonicus, Devoted Health, Element3 and 22 more
Aramco VenturesVia a fund
70 portfolio companies: AnTech Ltd, Target Intervention, Paradigm and 67 more
186 portfolio companies: Gomaestro, riddia.com, Magnolia Financial Services, Inc. and 183 more

News

Blog 2 months ago
TE Connectivity's Independent Ampacity Testing: Galvorn Outperforms Copper on a Weight Basis
Every Galvorn format tested carried more current per gram than copper, up to 6.2 times more, in new third-party data spanning signal wire, power conductors, … The post TE Connectivity's Independent Ampacity Testing: Galvorn Outperforms Copper on a Weight
Read more
Report
Award 2 months ago
DexMat Selected as a World Economic Forum UpLink Challenge Winner
One of 10 ventures selected for the Powering Tomorrow: Electricity Systems Challenge, DexMat was recognized for Galvorn, an advanced carbon material built to replace the … The post DexMat Selected as a World Economic Forum UpLink Challenge Winner appeared
Read more
Report
Blog 2 months ago
Production Progress in Houston Cuts Galvorn Pricing in Half
DexMat has lowered Galvorn pricing across most standard store products, with cuts of roughly half for many sizes, a median cut of about 51%. The … The post Production Progress in Houston Cuts Galvorn Pricing in Half appeared first on DexMat.
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Report
Blog 2 months ago
Why Power Factor Matters: A Review of Thermoelectric Performance in Galvorn F10 Film
Galvorn is an advanced carbon material with thermoelectric properties. Specifically, it generates a voltage from a temperature difference, a property called the Seebeck effect. This … The post Why Power Factor Matters: A Review of Thermoelectric Performan
Read more
Report
Blog 3 months ago
The Future Is What We Make It
A Galvorn Swing's Journey to Denmark It was a Tuesday morning in June and we had a decision to make: do we accept failure and … The post The Future Is What We Make It appeared first on DexMat.
Read more
Report
Blog 3 months ago
DexMat Earns ISO 9001 Certification for Galvorn Manufacturing
DexMat has earned ISO 9001 certification, the international standard for quality management systems, for its Galvorn carbon nanotube fiber manufacturing operations. The certification was issued … The post DexMat Earns ISO 9001 Certification for Galvorn Ma
Read more
Report
News Electronic Design 4 months ago
The Real Reason Engineers Default to Copper
Copper has been the default conductor for decades and not merely because of its conductivity - it's the only material that combined conductivity and mechanical durability in weight...
Read more
Report
Press release 5 months ago
DexMat Signs Joint Development Agreement with Tier 1 Global Wire & Cable Manufacturer
First formal development agreement in the manufacturer channel signals Galvorn has cleared rigorous technical standards at one of the world's leading wire and cable companies. … The post DexMat Signs Joint Development Agreement with Tier 1 Global Wire & C
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Report
Blog 6 months ago
Advanced Carbon Materials: A Field Guide for Engineers Who've Outgrown Their Current Options
If you've spent any time specifying materials for demanding applications-aerospace wiring, high-speed data interconnects, automotive electrification-you've probably hit the same wall. You need a conductor … The post Advanced Carbon Materials: A Field Guid
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Show more news

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Houston United States
HQ
10-50 est. staff

How to cite this page

Alion, "DexMat: key facts", as of Nov 13, 2026. https://alion.io/company/dexmat

These figures are published under a free licence. You may reuse them, including commercially, as long as you credit Alion and link back to this page. CC BY-SA 4.0