NanoMaterials

Company Overview

Snapshot

Founded in April 2002, NanoMaterials operated with 11–50 employees and raised $9.25M across 3 funding rounds from 2 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, the company develops extreme performance lubricants, coatings, and polymer composites. Its tungsten disulfide-based nanomaterials create a friction-induced tribofilm release mechanism, allowing exfoliated nanoparticles to recondition surfaces with a super-lubrication layer. NanoMaterials primarily serves industries requiring advanced materials for enhanced performance, operating within the Industrial Technologies sector, with a focus on Material Innovations & Applications.

Company Intelligence Q&A

What was a significant milestone for NanoMaterials?

NanoMaterials was acquired by US-based Nanotech Industrial Solutions Inc. in August 2013.

When did NanoMaterials secure its Seed funding round?

NanoMaterials secured a Seed funding round in January 2002 with investment from Newton Technology Ventures.

When did NanoMaterials receive a grant?

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

What technology underpins NanoMaterials' products?

NanoMaterials' technology involves multi-layered, spherical, and tubular nano-structures from inorganic materials, used for lubricants, coatings, and polymer composites, developed in April 2002.

What is the core application of NanoMaterials' technology?

NanoMaterials' core application is the development of extreme pressure, anti-wear, and anti-friction lubrication additives, such as the NanoLub family, utilizing its nanomaterials' surface reconditioning effect.