Avadain Raises its Crowdfunding Cap to $3.75 Million as Investors Back a Domestic Answer to China's Control of Critical Minerals

Avadain, a Memphis-based nanomaterials company, increased its crowdfunding cap to $3.75 million due to strong investor demand, raising $2.5 million in two weeks. The company manufactures LTDF graphene, a material that can substitute for critical minerals controlled by China, offering a domestic alternative as a US-China minerals truce expires in November.