Nanoramic Laboratories Valuation, Funding & Investors

Nanoramic Laboratories is valued at $250M as of September 2026.

Last Nanoramic Laboratories valuation

$250M

Undisclosed stage · Sep 2026

Last Nanoramic Laboratories funding round

Undisclosed stage

Amount undisclosed · Sep 2026

Cumulative funding Nanoramic Laboratories raised

$127M

across 10 funding rounds

Key investors in Nanoramic Laboratories

  • General Motors Ventures
  • Catalus Capital
  • Marubun
  • Samsung Venture Investment
  • WindSail Capital Group
  • NGK SPARK PLUG CO

Nanoramic Laboratories Overview

About Nanoramic Laboratories

Nanoramic Laboratories is a materials technology company centered on its Neocarbonix electrode platform for lithium-ion batteries. The 3D carbon binder replaces PVDF and NMP solvents, boosting energy density, charge rates, manufacturing efficiency, and recyclability while fitting existing production lines. Applications span electric vehicles, consumer electronics, and grid storage. It also supplies ultracapacitors and thermal interface materials from carbon nanotechnology expertise.


Founded

2009

HQ

United StatesBoston, MA

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$250M (Sep 2026)

Nanoramic Laboratories Valuation

Nanoramic Laboratories is currently valued at $250M, based on its undisclosed-stage round in September 2026.

The round was led by Catalus Capital, with participation from General Motors Ventures.

Nanoramic Laboratories valuation by funding round

Nanoramic Laboratories valuation by funding round
DateStageValuation
Sep 2026Undisclosed stage$250M

Nanoramic Laboratories Funding History

Nanoramic Laboratories has raised a total of $127M across 10 funding rounds.

Nanoramic Laboratories' first fundraising round was a $4M seed round in August 2015. The most recent completed round was a undisclosed-stage round in September 2026.

Nanoramic Laboratories funding rounds

Nanoramic Laboratories funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2026Undisclosed stageCatalus Capital (lead); General Motors Ventures-$250MNanoramic, Inc. announced the first close of its Series 2 equity financing on Sept. 9, 2026, led by Catalus Capital at a $250 million pre-money valuation. The financing was structured as an equity round and was positioned to accelerate the global commercialization of Neocarbonix®, Nanoramic’s battery materials platform. The raise builds on Nanoramic’s prior financing activity, including a $54 million Series 1 round in 2025 and a $44 million funding round in December 2024 co-led by Catalus Capital and General Motors Ventures. The company said the new capital would support commercialization of its PFAS- and NMP-free battery technology across multiple industries and applications. Nanoramic is an advanced materials and energy storage company focused on battery technology and Neocarbonix®, with operations centered on scaling production and market adoption of its materials platform.
Nov 2025Undisclosed stageCatalus Capital (lead); General Motors Ventures (lead); PEP Capital (lead); ITOCHU; Samsung SDI; Top Material Co; Fortistar; WindSail Capital Group; Samsung Venture Investment$54M-Nanoramic Laboratories, founded in 2009 out of MIT, develops Neocarbonix, a proprietary electrode technology for lithium-ion batteries that serves as a sustainable alternative to NMP solvent and PFAS chemicals, enabling higher energy density, longevity, cost reduction, and improved sustainability while integrating drop-in into existing manufacturing lines. The company pursues an asset-light commercialization model, leveraging partners for trading, manufacturing, and distribution. In 2025, Nanoramic completed qualification programs across multiple chemistries and applications, commenced commercial shipments from its new 40,000 sq ft headquarters in Woburn, MA, and secured production partners for gigawatt-hour scale support with plans for global expansion in 2026 and mass production by 2027. On November 17, 2025, Nanoramic closed its $54 million Series 1 equity financing, comprising a $40 million second tranche co-led by General Motors Ventures and Catalus Capital, bringing the total round to $54 million. The round included new investor PEP Capital, alongside Samsung Venture Investment, Top Material Co (TSM Co., Ltd.), and returning investors Fortistar, WindSail Capital Group, and ITOCHU. Earlier tranches built on prior momentum, including a $44 million portion and ITOCHU's strategic investment announced September 4, 2025. The funding will accelerate global commercialization of Neocarbonix for applications in energy storage, supported by major customers and partners like General Motors, Samsung SDI, and others. Investors highlighted Nanoramic's execution in transitioning from validation to commercialization, with strong market confidence in its technology's potential for lower costs, higher performance, and reduced environmental impact across battery uses. Nanoramic's partnerships provide commercial prowess, manufacturing expertise, and broad exposure, positioning it as a leader in the energy transition amid rising VC funding in energy storage, which reached $2.8 billion in 9M 2025.
Dec 2024Undisclosed stageCatalus Capital (lead); General Motors Ventures (lead); Top Material Co; Fortistar; WindSail Capital Group; Samsung Venture Investment$44M-Nanoramic, Inc. is an energy storage and advanced materials company founded in 2009 as an MIT spinoff, specializing in advanced battery electrode technology called Neocarbonix. The technology is designed to improve lithium-ion batteries by increasing energy density and longevity while reducing costs and improving sustainability. The Neocarbonix solution is a PFAS-free electrode technology that eliminates the need for conventional NMP solvents in battery manufacturing, compatible with existing manufacturing lines, and can be integrated into any battery application across industries including automotive, consumer electronics, and renewable energy storage. On December 12, 2024, Nanoramic announced a $44 million Series 1 financing round co-led by General Motors Ventures and Catalus Capital, with participation from Samsung Ventures, Top Material, Fortistar Capital, and WindSail Capital Group. The company, which had been based in Wakefield and the Seaport before relocating, moved to a new 40,000-square-foot headquarters and production facility in Woburn, Massachusetts, with the relocation completing by late December 2024. By the time of this funding announcement, Nanoramic had begun commercial shipments of Neocarbonix from the new facility and transitioned from pilot-scale production to full-scale manufacturing. The investment was intended to accelerate the commercialization and global adoption of Neocarbonix technology across a broad range of industries and applications. According to executive commentary, the company had already achieved customer validation of its technology and was moving into full commercialization phase with partnerships from major customers including General Motors and Samsung SDI. Nanoramic's approximately 35-person team was based primarily in the Boston area, with plans to target all major lithium-ion battery applications by 2027. This financing round demonstrated significant market confidence from a world-class syndicate of investors. Samsung Ventures, which had participated in the initial round, continued its support based on significant progress made in the intervening months. The company's asset-light, drop-in solution model provided a clear path to market adoption, addressing the energy storage industry's critical needs for cost-effective, high-performance, and sustainable battery technology. However, the post-money valuation, revenue figures, and EBITDA metrics were not disclosed in public sources related to this specific funding round.
May 2019Series AMarubun; NGK SPARK PLUG CO$9M-Nanoramic Laboratories (formerly FastCAP Systems, rebranded in May 2018) closed an $8.5 million strategic investment round in May 2019 with investments from NGK SPARK PLUG CO., LTD. and Marubun Corporation. The company develops advanced energy storage technologies, including FastCAP Extreme Environment Ultracapacitors engineered to operate in harsh conditions for downhole oil and gas operations and aerospace/defense applications. The company's flagship product family includes ultracapacitors capable of operating at temperatures up to 150°C under high shock and vibration conditions, as well as a low-temperature variant designed for operations as low as -55°C. Beyond ultracapacitors, Nanoramic's proprietary binder-free nanomaterials and composite electrode technology serve as a platform to improve performance across energy storage devices, including lithium-ion batteries. The capital was deployed to accelerate commercialization of these technologies and meet customer demand for advanced energy storage solutions in demanding industrial environments.
Sep 2018Series DMarubun (lead); NGK SPARK PLUG CO (lead)$5M-Nanoramic Laboratories (rebranded from FastCAP Systems in May 2018) closed a $5 million Series D investment round on September 13, 2018, with strategic investments from Japan-based companies Marubun Corporation and NGK SPARK PLUG CO, each contributing $2 million, with the remainder from existing shareholders. The Boston-based company specializes in nano-carbon composite materials and energy storage solutions, including ultracapacitor technology capable of operating at temperatures up to 150°C in harsh environments and electrode technology designed to enhance lithium-ion battery performance. The company's technology platform emerged from government-funded research in advanced materials and encompasses applications in polymer-based composites, thermal interface materials, and energy storage devices. This round brought total cumulative funding to $40 million at the time of close and was intended to develop new products and expand market presence in the Asian electronics sector.
Jun 2018Series C-$600K--
Apr 2018SeedMarubun$4M-Nanoramic Laboratories closed a $5 million investment round that included strategic investments from NGK SPARK PLUG CO., LTD. and Marubun Corporation, each contributing $2 million. The round occurred around early 2018. Nanoramic Laboratories develops advanced battery technology, focusing on energy storage and lithium-ion battery electrodes using its Neocarbonix technology.
Mar 2017Series B-$3M--
Feb 2016Series A-$3M--
Aug 2015Seed-$4M--

Who has invested in Nanoramic Laboratories?

11 investors have backed Nanoramic Laboratories across its funding rounds, including General Motors Ventures, Catalus Capital, Marubun, Samsung Venture Investment, WindSail Capital Group and NGK SPARK PLUG CO.

Lead investors include Catalus Capital, General Motors Ventures, PEP Capital, Marubun and NGK SPARK PLUG CO.


Nanoramic Laboratories Investors

Investors in Nanoramic Laboratories by funding rounds participated
InvestorHQRoundsRoleFirst check
MarubunJapanTokyo3LeadApr 2018
Catalus CapitalUnited StatesGreenwich, CT3LeadDec 2024
General Motors VenturesUnited StatesWarren, NJ3LeadDec 2024
NGK SPARK PLUG COJapanNagoya2LeadSep 2018
Top Material CoSouth KoreaSouth Korea2ParticipantDec 2024
FortistarUnited StatesNew York City, NY2ParticipantDec 2024
WindSail Capital GroupUnited StatesBoston, MA2ParticipantDec 2024
Samsung Venture InvestmentSouth KoreaSeoul2ParticipantDec 2024
PEP CapitalUnited KingdomLondon1LeadNov 2025

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Nanoramic Laboratories Competitors

Nanoramic Laboratories competitors include listed companies like Veken Technology Co and Microvast, and private ones like Standard Energy, InoBat, Sanyi Hi-Tech and Nanotech Energy.

Public and private companies comparable to Nanoramic Laboratories
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Standard EnergySouth KoreaDaejeonPrivate--$290M-
InoBatSlovakiaBratislavaPrivate--$476M-
Sanyi Hi-TechChinaBaojiPrivate--$116M-
Nanotech EnergyUnited StatesLos Angeles, CAPrivate--$550M-
Veken Technology CoChinaChinaPublicly listed$211M$7M$627M-
MicrovastUnited StatesUnited StatesPublicly listed$428M$3M$245M0.8x

Nanoramic Laboratories Public Comps

Nanoramic Laboratories is still privately-owned, but its public comps include Microvast, Australian Strategic Materials, Accsys, Alfen, Canatu, Zotefoams, Metal Powder Works, NeoVolta, NanoXplore and SES AI.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Microvast$428M$3M0.7x0.8x122.6x9.6x
Australian Strategic Materials$2M($16M)82.4x89.3x(11.8x)(12.7x)
Accsys$177M$16M1.6x1.5x17.6x10.2x
Alfen$502M$24M0.6x0.5x11.4x10.4x
Canatu$18M($10M)7.5x9.0x(13.7x)(7.9x)
Zotefoams$213M$41M1.7x1.4x8.6x7.1x
Metal Powder Works$1M($7M)170.0x66.0x(27.7x)(60.9x)
NeoVolta$8M($5M)23.2x5.8x(42.1x)(20.0x)

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Common questions about Nanoramic Laboratories

When was Nanoramic Laboratories founded?Nanoramic Laboratories was founded in 2009.
Where is Nanoramic Laboratories headquartered?Nanoramic Laboratories is headquartered in Boston, MA, United States.
Is Nanoramic Laboratories publicly listed?No, Nanoramic Laboratories is a private, VC-backed company.
What is Nanoramic Laboratories' valuation?Nanoramic Laboratories was last valued at $250M in its undisclosed-stage round in September 2026.
How much funding has Nanoramic Laboratories raised?Nanoramic Laboratories has raised $127M across 10 funding rounds.
What was Nanoramic Laboratories' last funding round?Nanoramic Laboratories' last funding round was a undisclosed-stage round in September 2026, led by Catalus Capital.
Who are Nanoramic Laboratories' investors?Nanoramic Laboratories' investors include Marubun, Catalus Capital, General Motors Ventures, NGK SPARK PLUG CO, Top Material Co, Fortistar, WindSail Capital Group, Samsung Venture Investment, PEP Capital, ITOCHU and 1 other.
Which companies are comparable to Nanoramic Laboratories?Companies comparable to Nanoramic Laboratories include Standard Energy, InoBat, Sanyi Hi-Tech, Nanotech Energy, Veken Technology Co and Microvast.

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