GX MINERALS Secures Approx. ¥460 Million in Series A++ Funding to Accelerate Proprietary Material Mass Production and Advanced Applications

Overview of the Funding

GX MINERALS Inc. has successfully closed its Series A++ funding round, raising a total of approximately ¥460 million (including debt financing). This round was backed by a total of three entities and individuals, including the NEX-T Tokai Innovation Fund (jointly operated by Prime Partners and Tokai Tokyo Securities), Okazaki Shinkin Bank, Sumitomo Mitsui Banking Corporation, and various individual and corporate shareholders.

About GX MINERALS Inc.

Established in May 2023, GX MINERALS is a startup dedicated to the development, manufacturing, and sales of "DIA," a 2D plate-like high-performance filler developed through industry-academia-government collaboration. By utilizing proprietary technology to achieve a high aspect ratio in talc, "DIA" can be composited with resins to achieve both high rigidity and weight reduction. The company's core strength lies in its technological capability to support decarbonization and ESG initiatives—primarily within the automotive industry—from a materials perspective.

Commercial Operations and Future Business Strategy

In July 2026, the company's Tahara Plant in Tahara City, Aichi Prefecture, will commence commercial operations, establishing a supply system with an annual production capacity of approximately 10,000 tons. With this new funding, GX MINERALS will shift the axis of its business from standard mass production toward the expansion of high-value-added, high-performance material markets. Specifically, the funds will be allocated to the development of special-grade materials—including bringing analysis in-house—the enhancement of quality assurance and validation systems, and the acquisition of intellectual property rights both domestically and internationally.