Covaron Advanced Materials, a developer of thermosetting ceramics, has raised $300,000 in seed funding from Mercury Fund, Huron River Ventures, Two Seven Ventures and First Step Fund. Based in Ann Arbor, MI, the company is developing a platform of materials that aim to disrupt current materials and methods in industries like advanced oil and gas recovery, metal casting, plastic molding, aeronautics, transportation, and building and construction.
