Monday, July 9, 2007

AeonClad Coatings Licenses UT Arlington Technology, Gets Funding

Austin, Texas-based startup AeonClad Coatings said today that it has licensed technology from the Unviersity of Texas at Arlington. The technology covers plasma coating technology for medical and industrial applications. Financial terms of the license were not disclosed. AeonClad also said that it has been funded by Emergent Technologies Fund IV. AeonClad will be headed by Dr. Richard Timmons, who is also Professor of Chemistry at The University of Texas at Arlington, and Tony Taylor, who is also SVP Business Development at venture capital firm Emergent Technologies.