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    Date submitted
  • 13-Apr-2014

GrollTex

Abstract

GrollTex is a high-tech UCSD spin-off originating from the Nanoengineering department. The long-awaited technology developed here allows local, waste-free industrial production of large-area graphene (the "hottest" and the most expensive material currently in existence) at a price that is 240,000 lower than the current market price. This will allow the emergence of thousands of new applications (>7,000 graphene related patents are pending) that are waiting for the large-scale production of this material, including printable solar cells, flexible displays, ultra-fast processors, gas separation membranes and myriads more.

GrollTex technology has been rigorously reviewed by the Department of Energy and awarded the SoCal Clean Energy Acceleration Program Award ($45,000 + mentorship) in 2013 as well as won the first and the audience prizes in the UCSD Entrepreneurship Challenge ($20,000 and $1,000 + $20,000 in DLA Piper legal services). Combined, the awards allowed GrollTex to build the proof-of-concept graphene reactor and precipitated the company's organic growth. By 2016, GrollTex will be the world's leading producer of single-layer graphene, supplying more than 5 million square meters of the material annually and growing in geometric progression.

Additional Questions

Who is your customer?

GrollTex will produce a bulk commodity - large-area graphene - to the manufacturers of flexible displays thin-film solar cells, thin-film batteries. Additionally, our product can be easily modified and incorporated into water filtration osmosis membranes (water treatment plants) and gas-separation membranes (CO2 sequestration power plants).

What problem does this idea/product solve or what market need does it serve?

GrollTex proprietary process reduces the price of graphene a quarter-million times while also making it waste-free. This will allow to produce flexible, rare earth metal-free displays and inexpensive printable solar cells, among thousands of other already developed applications.

What attributes will make this idea/product successful? Why do you believe that those features will create success?

GrollTex process is inexpensive, waste-free, independent of rare materials, first on the market, long predicted and anticipated (thousands of applications already exist). These features, combined with great interest from potential investors will enable fast growth of GrollTex and proliferation of graphene throughout industries.

Explain how you (your team) will execute to make this idea/product successful? What gives you (your team) an advantage over others already in the market or new to this market?

GrollTex team comprises scientists, engineers, MBA's and experienced executives who are extremely motivated to make this company the world's leader in graphene manufacturing. The first-on-the-market advantage, solid science behind our process, strong IP, possibility for organic growth, and support by DOE, NSF, and private investors, will enable GrollTex rapidly expand.