Latest nanotech investments, commercial agreements and rounds of finance. November-December 2020

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Latest nanotech investments, commercial agreements and rounds of finance. November-December 2020

NanoTech Inc, a material science company focused on fire-proofing and insulation technologies, has completed its $5 million seed round of financing. Austin-based Ecliptic Capital led the investment round which also resulted in the conversion of a SAFE (simple agreement for future equity) previously issued to Houston’s newest cleantech accelerator, Halliburton Labs. NanoTech’s proprietary technology can be used across most industries including: commercial construction, chemical plants, oil and gas, aviation, utilities etc.

US-based nano-material startup Carbice Corp. has raised $15 million to continue an expansion into markets and industries that got a boost by a trip to France in 2018. Carbice Carbon, a carbon nanotube-based material designed to lower device temperatures and dissipate heat, has been integrated in geostationary communications satellites and synthetic aperture radar satellites. With the latest investments, Carbice plans to hire sales and marketing personnel in addition to expanding production to meet demand.

Marubeni Corporation, Marubeni Tetsugen Co., Ltd, and NiSiNa materials Co. Ltd. have entered into a Strategic Partnership Agreement with the aim of developing new applications and opening up demand for graphene manufactured via a new method developed by Nishina materials. Graphene is generally manufactured by mechanical peeling or using an oxidant, but Nishina materials’s proprietary method does not use oxidants, and instead focuses on superior mechanical peeling technology. For this reason, this new process is very safe with a low environmental load. In the future, we aim to improve production efficiency and reduce manufacturing costs through mass production, something that has historically been an issue for graphene production. Marubeni and Marubeni Tetsugen, together with Nishina materials, will contribute to the spread of graphene by promoting the development of new applications and demand for graphene by utilizing Marubeni’s and Marubeni Tetsugen’s global business network.

Carbon nanotubes memory company Nantero has raised $21 million in new financing. The company has now raised $110 million since its founding in 2001. Based in Woburn, MA, Nantero is using its new funding to get its lead product, called NRAM, to new customers such as Fujitsu Semiconductor and Mie Fujitsu Semiconductor.

Applied Graphene Materials PLC, a producer of speciality graphene additives, has signed a distribution agreement with ManHo Polymers. ManHo Polymers is a leading chemicals distributor in South Korea. The agreement extends Applied Graphene’s commercial focus directly into the coatings and polymers sectors across the fourth-largest coatings market in the Asia region. The UK company and ManHo Polymers have an exclusive agreement that will see the two companies collaborate on customer opportunities and introduce Applied Graphene’s (AGM’s) proprietary Genable graphene dispersions technology into the South Korean coatings and broader liquid resins markets.

Advanced Material Development (AMD) has secured its first contract under the Defense Science and Technology Laboratory (DSTL) Weapons Sector Research Framework (WSRF), worth £125,000 (around USD$166,700). The contract will fund the early development of AMD’s proprietary technology in carbon-based inks to improve protection systems for people and assets

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