GrollTex Gets Seed Funding

San Diego-based GrollTex, a new startup spinning out of the University of California, San Diego, has scored a seed funding round. The funding came from The Triton Fund and the Tech Coast Angels. Size of the funding was not disclosed. According to The Triton Fund, GrollTex will use the funding to accelerate commercialization of the company's technology. GrollTex's technology is based on mass producing graphene, which is a material being aimed at use in such things as water desalination membranes and flexible electronics. GrollTex was founded by UCSD graduate student Aliaksandr (Alex) Zaretski (pictured), who won the UC San Diego Entrepreneurship Challenge with the technology. GrollTex is now led by CEO Jeff Draa who also happens to be President of Tech Coast Angels. More information »