- Companies
- Nanotronics Imaging
Nanotronics Imaging Funding, Investors & Competitors
Nanotronics Imaging has raised $122M across 5 funding rounds, most recently a $56M undisclosed-stage round in March 2022.
Last Nanotronics Imaging funding round
$56M
Undisclosed stage · Mar 2022
Cumulative funding Nanotronics Imaging raised
$122M
across 5 funding rounds
Key investors in Nanotronics Imaging
Founders Fund
Sahin Boydas
Investment Corporation of Dubai (ICD)
Jim Pitkow
About Nanotronics Imaging
Nanotronics Imaging is a New York-headquartered company founded in 2010, providing AI-powered microscopy and automated inspection systems. Its nSpec platform combines high-resolution imaging, machine learning, and robotics for defect detection in semiconductors, displays, and pharmaceuticals. Nanotronics serves manufacturers like Samsung and Intel, enabling real-time quality control in fabs and cleanrooms across North America and Asia.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales, Subscription
Nanotronics Imaging Funding History
Nanotronics Imaging has raised a total of $122M across 5 funding rounds.
Nanotronics Imaging's first fundraising round was a $7M Series B in December 2013. The most recent completed round was a $56M undisclosed-stage round in March 2022.
Nanotronics Imaging funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2022 | Undisclosed stage | Jim Pitkow; Sahin Boydas | $56M | - |
| May 2019 | Undisclosed stage | - | $20M | Nanotronics Imaging is a New York-based company founded in 2010 by Matthew and John Putman, specializing in high-tech microscopy, software, artificial intelligence, data analytics, and optical inspection tools for semiconductors, materials science, life sciences, and medicine. The company develops rapid testing and analysis solutions across these sectors. It has raised a total of approximately $136.28M across 10 funding rounds from 11 investors, including Founders Fund, Mithril Capital Management, Valar Ventures, and Impatient Ventures. A Series E round occurred on June 12, 2019, raising $19.49M led by Founders Fund, Mithril Capital Management, and Valar Ventures. The next reported valuation of $817M appeared for the Series F in March 2022 ($55.82M raised). Earlier rounds include a $7M Series B around 2014 with Peter Thiel joining the board. Nanotronics remains privately held with no public stock listing. A later Unattributed VC round occurred on January 4, 2024. |
| Oct 2017 | Series D | Investment Corporation of Dubai (ICD) (lead); Founders Fund | $30M | Nanotronics Imaging is a developer of automated microscopy systems integrated with artificial intelligence and computer vision technology for industrial inspection applications. The company's products, including nSPEC and nSPEC 3D systems, serve manufacturers across semiconductors, MEMS, aerospace, nano-medicine, and DNA sequencing sectors, featuring super-resolution 3D imaging, precision robotics, and advanced software capabilities. In October 2017, Nanotronics secured $30 million in Series D funding led by Investment Corporation of Dubai (ICD) with participation from existing investor Founders Fund, bringing total historical funding to $71 million at that time. According to founder and CEO Dr. Matthew Putman, the company had deployed systems in over 60 factories globally by the time of this round and planned expansion into Asian markets in 2018. The funding was intended to accelerate development of optical inspection technologies and proprietary industrial enterprise software. Post-money valuation for this Series D round and detailed revenue metrics near the October 2017 timeframe were not disclosed in available public sources. |
| Apr 2015 | Series C | - | $9M | - |
| Dec 2013 | Series B | Founders Fund (lead) | $7M | Nanotronics Imaging completed a $7 million Series B financing round on December 16, 2013, from Founders Fund. Founders Fund Partner Peter Thiel joined the board of directors. The company, founded in 2010 by CEO Matthew Putman, develops optical inspection tools for the semiconductor industry using optical microscopy, patented image processing, and machine intelligence algorithms. The nSpec tool enables high-throughput defect classification and localization for semiconductor substrate and IC chip fabricators, imaging large areas with nanoscale resolution. The funding supports scaling best-in-class products and services amid rapid customer growth and expansion into biomedical diagnostics. Nanotronics positions its technology as advancing industrial processes leveraging nanoscale structures, drawing comparisons to Galileo's optics revolution. |
Who has invested in Nanotronics Imaging?
4 investors have backed Nanotronics Imaging across its funding rounds, including Founders Fund, Sahin Boydas, Investment Corporation of Dubai (ICD) and Jim Pitkow.
Lead investors include Investment Corporation of Dubai (ICD) and Founders Fund.
Nanotronics Imaging Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Dec 2013 | ||
| 1 | Participant | Mar 2022 | ||
This data is available for Pro users. Sign up to see all 4 Nanotronics Imaging investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Nanotronics Imaging
Nanotronics Imaging has acquired 1 company to date.
Last acquisition by Nanotronics Imaging was on May 19th 2015. Nanotronics Imaging acquired Franklin Mechanical & Control Inc for undisclosed valuation.
Latest Acquisitions by Nanotronics Imaging
| Description | - |
| HQ Country | - |
| HQ City | - |
| Deal Date | 19 May 2015 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Nanotronics Imaging acquisitions and their M&A valuation multiples. Start Free Trial | |
Nanotronics Imaging Competitors
Nanotronics Imaging competitors include listed companies like SAP and Snowflake, and private ones like The Bot Company, Relativity Space, Anthropic and OpenAI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2B | - | ||
| Private | - | - | $4.2B | - | ||
| Private | $47B | - | $965B | 20.5x | ||
| Private | $25B | - | $852B | 34.1x | ||
| Publicly listed | $42B | $13B | $248B | 5.4x | ||
| Publicly listed | $4.7B | ($1.3B) | $119B | 21.0x |
Nanotronics Imaging Public Comps
Nanotronics Imaging is still privately-owned, but its public comps include CrowdStrike, SAP, Siemens, Salesforce, Amphenol, Foxconn Industrial Internet, Schneider Electric, ABB, Hitachi and ServiceNow.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $42B | $13B | 5.8x | 5.4x | 18.4x | 17.1x | |||
| $91B | $15B | 3.0x | 2.9x | 18.1x | 15.7x | |||
| $42B | $13B | 5.5x | 5.2x | 17.8x | 12.2x | |||
| $23B | $6.9B | 9.0x | 6.5x | 30.0x | 19.8x | |||
| $135B | $7.7B | 1.4x | 0.9x | 23.8x | 16.6x | |||
| $46B | $9.5B | 4.3x | 3.9x | 21.0x | 18.4x | |||
| $33B | $6.9B | 5.4x | 4.9x | 25.9x | 22.6x | |||
This data is available for Pro users. Sign up to see all Nanotronics Imaging competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Nanotronics Imaging
| When was Nanotronics Imaging founded? | Nanotronics Imaging was founded in 2010. |
| Where is Nanotronics Imaging headquartered? | Nanotronics Imaging is headquartered in New York City, NY, United States. |
| Is Nanotronics Imaging publicly listed? | No, Nanotronics Imaging is a private, VC-backed company. |
| How much funding has Nanotronics Imaging raised? | Nanotronics Imaging has raised $122M across 5 funding rounds. |
| What was Nanotronics Imaging's last funding round? | Nanotronics Imaging's last funding round was a $56M undisclosed-stage round in March 2022. |
| Who are Nanotronics Imaging's investors? | Nanotronics Imaging's investors include Founders Fund, Jim Pitkow, Sahin Boydas and Investment Corporation of Dubai (ICD). |
| Which companies are comparable to Nanotronics Imaging? | Companies comparable to Nanotronics Imaging include The Bot Company, Relativity Space, Anthropic, OpenAI, SAP and Snowflake. |
| How many companies has Nanotronics Imaging acquired? | Nanotronics Imaging has acquired 1 company, including Franklin Mechanical & Control Inc. |
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