Who founded Ares Materials?

Ares Materials was founded by Adrian Avendano, David Arreaga in 2015.

Who are Ares Materials's investors?

Ares Materials's investors include L'ATTITUDE Ventures, Moneta Ventures, SV Latam Fund.

How much funding has Ares Materials raised?

Ares Materials has disclosed $219K raised across 1 round.

Where is Ares Materials headquartered?

Ares Materials is headquartered in Dallas, US.

Ares Materials

Dallas, US · Founded 2015 · 3 known investors

Find your way into Ares Materials

330 people in our graph share verified history with the Ares Materials team — schools, employers, funds. One of them is your warm intro.

Jeff Olyniecunlockedknows Adrian Avendano · together at Ares Materials (overlapped)

×9knows the team · via Qualcomm

knows the team · via GE

knows the team · via University of Texas at Dallas

Ares Materials develops optical polymers for the display industry, using a proprietary chemistry and AI/machine learning platform to create advanced formulations. Its materials target display components such as films, coatings, and adhesives for devices including mobile phones, foldables, tablets, automotive, transparent displays, and AR/VR.

AI & Machine Learning Deep Tech New Materials

Founders & leadership

Ares Materials was founded in 2015 by Adrian Avendano and David Arreaga.

Adrian Avendano inChief Product Officer / FounderAdrian Avendano completed a Ph.D. in Materials Science and Engineering at the University of Texas at Dallas, with dissertation research on flexible electronics and thin film transistors. He has prior industrial experience as an intern at General Electric and brings expertise in materials science, electronics fabrication, and characterization.

David Arreaga inCo-founder & CEODavid Arreaga is CEO of Ares Materials, which develops optical polymers and advanced materials formulations for displays and consumer electronics using computational chemistry and machine learning.

Hyun Joong KimChief Marketing Officer

Investors · 3

L'ATTITUDE VenturesLos Angeles · $1M – $3M

Moneta VenturesFolsom · $1M – $5M

SV Latam Fundvia Consuelo Valverde · inferred

Reported raises · per SEC filings

Form D private placements

$219K disclosed across 1 round · 2015

▶$219KraisedJan 2016 · 3 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Adrian AvendanoExecutive Officer, Director
David ArreagaExecutive Officer, Director

Amount sold: $219K
Minimum investment: $20K
Proceeds to insiders: $60K
First sale: Dec 2015
Incorporated: Corporation, Delaware, 2015
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Ares Interactive4 shared keywordsAres Interactive is a game developer and publisher, founded in 2024, that builds and operates free-to-play games for global audiences. It also provides publishing and live operations support to external development partners and IP holders bringing titles to market.

Ares Industries3 shared keywordsAres Industries designs and manufactures precision missiles (Maverick and Goose) for military defense, built at volume with five-figure unit costs for use by the U.S. and allied forces.

Companies competing with Ares Materials for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken

Agency	Phase	Year	Amount
U.S. Air ForceAir Force	Phase I	2020	$50K
National Science Foundation	Phase II	2019	$750K
National Science Foundation	Phase I	2017	$225K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Ares Materials do?: Ares Materials develops optical polymers for the display industry, using a proprietary chemistry and AI/machine learning platform to create advanced formulations. Its materials target display components such as films, coatings, and adhesives for devices including mobile phones, foldables, tablets, automotive, transparent displays, and AR/VR.
Who founded Ares Materials?: Ares Materials was founded by Adrian Avendano, David Arreaga in 2015.
Who are Ares Materials's investors?: Ares Materials's investors include L'ATTITUDE Ventures, Moneta Ventures, SV Latam Fund.
How much funding has Ares Materials raised?: Ares Materials has disclosed $219K raised across 1 round.
Where is Ares Materials headquartered?: Ares Materials is headquartered in Dallas, US.