# LC AuxeTec

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lc-auxetec

- Industry: Chemicals
- Headquarters: Leeds, UK
- Total disclosed funding: $2.2M
- Latest round: Seed (Apr 5, 2023)
- Investors on record: 1

## About

Based in Leeds, UK, and founded in 2020 by co-founders Helen Gleeson and Devesh Mistry as a spin-out from the University of Leeds, LC AuxeTec specialises in the development and commercialization of synthetic auxetic materials based on liquid crystal elastomers. In April 2023, LC AuxeTec raised EUR 2 million in seed funding from investor Northern Gritstone.


The company discovered molecular-level, non-porous synthetic auxetic materials based on liquid crystal elastomers. The materials become thicker when stretched, making them ideal for applications requiring durability, shock absorption, and resistance to fractures and tears, such as body armour, vehicle components, and architectural glass.
 
The company plans to use the April 2023 funding to establish a team and test the material in commercial applications.

## Funding rounds

- Seed, Apr 5, 2023, $2.2M — Northern Gritstone

## Investors

- Northern Gritstone (https://capitalatlas.ai/funds/northern-gritstone) — Seed