Nanoramic
Assembly Line
Nanoramic Raises $44 Million Funding Co-Led by GM Ventures and Catalus Capital, With Participation from Samsung Ventures, to Advance the Commercialization of Neocarbonix®
Nanoramic, a pioneer in advanced battery technology, today announced a successful $44 million financing. The round was co-led by General Motors Ventures and Catalus Capital, with participation from Samsung Venture Investment Corporation, Top Material, and existing investors, including Fortistar Capital and WindSail Capital Group. The investment will significantly bolster Nanoramic’s efforts to commercialize its groundbreaking Neocarbonix® technology across a broad range of industries and applications.
Nanoramic’s proprietary Neocarbonix® technology breaks down key barriers to mass electrification, targeting dramatic improvements in cost, performance, and sustainability of batteries. The technology is a PFAS (“forever chemical”)-free solution for lithium-ion batteries and eliminates the need for conventional NMP solvents, allowing for sustainable solvent alternatives for improved manufacturing worker safety. Neocarbonix® offers a powerful and practical solution for battery manufacturers to stay ahead of the curve and be at the forefront of environmentally friendly battery manufacturing. It drops into existing manufacturing lines for rapid adoption under Nanoramic’s flexible and asset-light business model.