NanoMaterials

Company Overview

Snapshot

Founded in April 2002, NanoMaterials operated with 11–50 employees and raised $9.25M across three funding rounds from two investors. The company was acquired by Nanotech Industrial Solutions in August 2013.

Business overview

NanoMaterials specializes in the production of commercially viable inorganic, multilayered nanofullerenes and nanotubes, leveraging patented platform technology developed at the Weizmann Institute of Science. The company's core technology utilizes tungsten disulfide-based nanomaterials to create extreme performance lubricants, coatings, and polymer composites. These nanomaterials facilitate a friction-induced tribofilm release mechanism, where exfoliated nanoparticles recondition surfaces by filling wear crevices and forming a continuous super-lubrication layer. NanoMaterials serves global markets with its award-winning NanoLub family of Extreme Pressure, Anti-Wear, and Anti-Friction lubrication additives, operating within the Industrial Technologies sector, specifically focusing on material innovations and applications.

Company Intelligence Q&A

When was NanoMaterials acquired?

NanoMaterials was acquired by Nanotech Industrial Solutions in August 2013.

What is NanoMaterials' primary technology?

NanoMaterials' primary technology involves producing inorganic, multilayered nanofullerenes and nanotubes based on a patented platform developed at the Weizmann Institute of Science, primarily using tungsten disulfide.

What is the NanoLub product family?

The NanoLub product family comprises award-winning Extreme Pressure, Anti-Wear, and Anti-Friction lubrication additives developed by NanoMaterials, utilizing their proprietary nanomaterials.

When did NanoMaterials secure its Seed funding round?

In January 2002, NanoMaterials secured a Seed funding round from Newton Technology Ventures.

When did NanoMaterials receive a grant from the European Union Commission?

In January 2006, NanoMaterials received a grant from the European Union Commission.