Mobius Materials relocates to Richmond in its bid to bolster secondary electronics market

Mobius Materials sees a huge opportunity in the secondary electronics market, but the company must first fix a problem — onboarding new listings.

Mobius is a two-way marketplace for semiconductor chips and other parts used to make circuit boards. Founder and CEO Margaret Upshur started the company two years ago in San Francisco and launched the platform earlier this year.

On the platform, companies list a variety of parts. Upshur said each product listing must have 50 data points, including the price, before it can be publicly available. Right now, that process is done manually. Mobius recently received a $75,000 Commonwealth Commercialization Fund grant to fix the problem. Upshur is planning to hire engineers to create an automated process solistings can become available more quickly.

“Right now, we are actually turning away business, because we can’t get parts listed fast enough,” Upshur said.

She moved the company to Richmond a few months ago. Upshur is from the area and…

Read the full story from the Washington Business Journal.
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