Fundraising Fox
DexMat
Houston, US · Founded 2019 · Delaware corporation · 23 employees on LinkedIn · 9 known investors
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DexMat produces Galvorn, an advanced carbon material that combines high electrical and thermal conductivity with strength, light weight, flexibility, and recyclability as an alternative to copper and other metals. It targets industries including aerospace and defense, automotive and electrification, and energy and transmission for wire, cable, and conductor applications.
Founders & leadership
DexMat was founded in 2019 by Matteo Pasquali and Dmitri Tsentalovich.
Board
Investors · 9
How we know: Capital Factory's portfolio page · press coverage · Not right? Tell us
How we know: collabfund.com · Not right? Tell us
How we know: Draper Associates's portfolio page · Not right? Tell us
How we know: Non Sibi Ventures's portfolio page · funding news · press coverage · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: funding news · Not right? Tell us
How we know: press coverage · Not right? Tell us
Funding
SEC filings, press & company announcements$10.2M disclosed across 2 of 3 rounds · 2023–2026
- Undisclosed amountSeedAug 2023Source ↗
▶$1MraisedAug 2026 · 2 investors · Other TechnologyRule 506(b)
- Bryan Guido HassinExecutive Officer, Director
- Matteo PasqualiDirector
- Kent LucasDirector
- Jill DupreExecutive Officer
- Asena HertzExecutive Officer
- Dmitri TsentalovichExecutive Officer
- Offering amount
- $10M
- Amount sold
- $1M
- First sale
- Aug 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$9.2MraisedFeb 2026 · 79 investors · Other TechnologyRule 506(b)
- Matteo PasqualiDirector
- Bryan Guido HassinExecutive Officer, Director
- Kent LucasDirector
- Offering amount
- $10.6M
- Amount sold
- $9.2M
- First sale
- Oct 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 11 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Department of Energy | Phase I | 2022 | $200K |
| U.S. Air ForceAir Force | Phase II | 2021 | $749.3K |
| U.S. Air ForceAir Force | Phase I | 2019 | $150K |
| NASA | Phase I | 2018 | $124.9K |
| U.S. Air ForceAir Force | Phase II | 2017 | $750K |
| NASA | Phase II | 2017 | $748.5K |
| U.S. Air ForceAir Force | Phase II | 2016 | $749.8K |
| National Science Foundation | Phase I | 2016 | $224.7K |
| U.S. Air ForceAir Force | Phase I | 2016 | $150K |
| NASA | Phase I | 2016 | $124.9K |
| U.S. Air ForceAir Force | Phase I | 2015 | $150K |
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.
In the news
Frequently asked questions
- What does DexMat do?
- DexMat produces Galvorn, an advanced carbon material that combines high electrical and thermal conductivity with strength, light weight, flexibility, and recyclability as an alternative to copper and other metals. It targets industries including aerospace and defense, automotive and electrification, and energy and transmission for wire, cable, and conductor applications.
- Who founded DexMat?
- DexMat was founded by Matteo Pasquali, Dmitri Tsentalovich in 2019.
- Who are DexMat's investors?
- DexMat's investors include Capital Factory, Collaborative Fund, Draper Associates, Non Sibi Ventures, Third Derivative, Aramco Ventures, Overture Climate, Shell Ventures and 1 more.
- How much funding has DexMat raised?
- DexMat has disclosed $10.2M raised across 2 of its 3 known rounds.
- Where is DexMat headquartered?
- DexMat is headquartered in Houston, US.