Nanotech Energy Valuation, Funding & Investors

Nanotech Energy is valued at $550M as of August 2021.

Last Nanotech Energy valuation

$550M

Series D · Aug 2021

Last Nanotech Energy funding round

$64M

Series D · Aug 2021

Cumulative funding Nanotech Energy raised

$95M

across 3 funding rounds

Key investors in Nanotech Energy

Nanotech Energy Overview

About Nanotech Energy

Nanotech Energy is a materials supplier of graphene-based batteries and supercapacitors licensed from UCLA. Its graphene anodes enable charging in minutes and cycle lives exceeding traditional lithium-ion cells. Fremont-headquartered, the company produces conductive inks, antistatic coatings, and EMI shielding films for electronics and energy storage devices.


Founded

2014

HQ

United StatesLos Angeles, CA

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$550M (Aug 2021)

Nanotech Energy Valuation

Nanotech Energy is currently valued at $550M, based on its Series D in August 2021.

The $64M round was led by Fubon Financial.

Nanotech Energy's valuation has grown 2.4x from $228M at its Series C in May 2020 to $550M in August 2021, across 2 priced rounds.

Nanotech Energy valuation by funding round

Nanotech Energy valuation by funding round
DateStageValuation
Aug 2021Series D$550M
May 2020Series C$228M

Nanotech Energy Funding History

Nanotech Energy has raised a total of $95M across 3 funding rounds.

Nanotech Energy's first fundraising round was a $3M seed round in April 2018. The most recent completed round was a $64M Series D in August 2021.

Nanotech Energy funding rounds

Nanotech Energy funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2021Series DFubon Financial (lead)$64M$550MNanotech Energy is a U.S.-based company founded in 2014 by Dr. Jack Kavanaugh, Dr. Richard Kaner, and Dr. Maher El-Kady, specializing in graphene materials and the development of non-flammable, graphene-enhanced batteries that combine high capacity with supercapacitor-like power performance. The company produces high-purity monolayer graphene (up to 98%) and proprietary graphene organolyte batteries aimed at overcoming limitations in traditional lithium-ion batteries regarding safety, storage capacity, and recharge speed. On August 10, 2021, Nanotech Energy closed a $64 million Series D funding round led by Taiwan's Fubon Financial Holding Co., achieving a post-Series D valuation of $550 million. This round brought the company's total funding raised to $94.9 million. Fubon Financial Holdings, the largest financial services company in Taiwan by market capitalization with $37 billion market cap and $360 billion in assets, highlighted the potential for widespread adoption of Nanotech Energy's technology. Proceeds from the round are designated for scaling production, including constructing a graphene battery manufacturing facility in Reno, Nevada (opening in the second half of 2022), expanding capacity at its Chico, California factory for graphene, conductive inks, adhesives, shielding, and silver nanowires, and establishing a European headquarters in Amsterdam. The company also announced plans for a 517-acre nanotechnology-powered battery manufacturing campus in the Tahoe Reno Industrial Center, expected to create over 1,000 jobs and feature over one million square feet of buildings, with the first opening in Q4 2022. Nanotech Energy positions itself as the world's leading graphene manufacturer and the only producer of non-flammable graphene-based batteries on the market, with patents predating Nobel-winning graphene research. Strategic investors include Multiverse Investment Fund alongside Fubon.
May 2020Series C-$28M$228MNanotech Energy is a battery and graphene technology startup founded in 2014, claiming to be the world’s top supplier of graphene and developing non-flammable, environmentally friendly lithium batteries that charge 18 times faster than current market options. In May 2020, the company closed an oversubscribed $27.5 million Series C funding round at a post-money valuation of $227.5 million, with investors undisclosed but including minority stakeholder Multiverse Investment Fund. This brought total funding raised since inception to over $30 million. The funding supports the company's vertically integrated production of graphene, enabling kilos per day output compared to grams from competitors, and application to various lithium formulations plus non-lithium water-based electrolytes. Nanotech Energy's graphene-enhanced nanostructured electrodes improve power density, energy density, and cycling life in lithium-ion batteries, targeting electric vehicles and consumer electronics. Post-Series C, the company continued raising capital, including a nearly $30 million extension and $64 million Series D in August 2021 led by Fubon Financial Holding Co., reaching $94.9 million total funding at $550 million valuation. Plans included EU headquarters in Amsterdam, a graphene battery plant in Reno, Nevada, and expansions in California and the UK. Achievements included producing 90% monolayer graphene in September 2020 and 95% in March 2021.
Apr 2018Seed-$3M--

Who has invested in Nanotech Energy?

1 investor has backed Nanotech Energy across its funding rounds, including Fubon Financial.

Lead investors include Fubon Financial.


Nanotech Energy Investors

Investors in Nanotech Energy by funding rounds participated
InvestorHQRoundsRoleFirst check

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Nanotech Energy Competitors

Nanotech Energy competitors include listed companies like Daqo New Energy, JinkoSolar and Solid Power, and private ones like Phoenix Tailings, Fortera and Nyobolt.

Public and private companies comparable to Nanotech Energy
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Phoenix TailingsUnited StatesBoston, MAPrivate--$360M-
ForteraUnited StatesSan Jose, CAPrivate--$355M-
NyoboltUnited KingdomCambridgePrivate$9M-$1B-
Daqo New EnergyChinaChinaPublicly listed$665M($9M)$807M1.0x
JinkoSolarChinaChinaPublicly listed$9.8B($44M)$564M0.6x
Solid PowerUnited StatesUnited StatesPublicly listed$18M($87M)$581M38.3x

Nanotech Energy Public Comps

Nanotech Energy is still privately-owned, but its public comps include HS Hyosung Advanced, Weebit Nano, CW Enerji, Qualitau, Alpha HPA, JinkoSolar, Raydium, Chrysos Corp., U-LEAM and REalloys.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
HS Hyosung Advanced$2.4B$271M1.0x1.0x9.2x8.2x
Weebit Nano$11M($41M)40.4x34.5x(10.8x)(13.4x)
CW Enerji$336M$74M2.2x-10.0x-
Qualitau$61M$26M7.3x-17.3x-
Alpha HPA$532K($29M)798.3x432.7x(14.8x)(14.6x)
JinkoSolar$9.8B($44M)0.6x0.6x(139.6x)25.8x
Raydium$703M$60M0.3x0.3x3.6x-
Chrysos Corp.$63M$19M8.9x8.5x29.1x26.6x

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Common questions about Nanotech Energy

When was Nanotech Energy founded?Nanotech Energy was founded in 2014.
Where is Nanotech Energy headquartered?Nanotech Energy is headquartered in Los Angeles, CA, United States.
Is Nanotech Energy publicly listed?No, Nanotech Energy is a private, VC-backed company.
What is Nanotech Energy's valuation?Nanotech Energy was last valued at $550M in its Series D in August 2021.
How much funding has Nanotech Energy raised?Nanotech Energy has raised $95M across 3 funding rounds.
What was Nanotech Energy's last funding round?Nanotech Energy's last funding round was a $64M Series D in August 2021, led by Fubon Financial.
Who are Nanotech Energy's investors?Nanotech Energy's investors include Fubon Financial.
Which companies are comparable to Nanotech Energy?Companies comparable to Nanotech Energy include Phoenix Tailings, Fortera, Nyobolt, Daqo New Energy, JinkoSolar and Solid Power.

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