Nanoramic Raises $54 Million in Series 1 Equity Financing for Advanced Battery Technology

Nanoramic, a leader in advanced battery technology, has successfully secured $54 million in its Series 1 equity financing. The funding round includes investments from new partner PEP Capital, as well as repeat investments from Samsung Ventures and Top Material. Other key investors include General Motors Ventures, Catalus Capital, ITOCHU Corporation, Fortistar Capital, and WindSail Capital Group. The company's strong partnerships and technology have instilled market confidence, positioning Nanoramic for global commercial adoption.

Nanoramic's Neocarbonix® products have completed key qualification programs and are now available through manufacturing partners worldwide, with plans for GWh-scale demand and global shipments in 2026. The company's innovative technology, free from PFAS 'forever chemicals' and NMP solvents, offers improved battery cost, energy density, power, and fast-charging performance. Nanoramic's CEO, John Cooley, expressed confidence in the company's future, citing partnerships with industry leaders and an accelerated path to global adoption. Nanoramic's Neocarbonix® technology is set to revolutionize energy storage across various industries, with a focus on scalability and sustainability.

Samsung Ventures and PEP Capital both expressed their excitement and commitment to supporting Nanoramic's advancements in energy storage technology. The company's asset-light business model and drop-in solution are well-aligned with the critical needs of the energy storage industry. Nanoramic is poised to become a key leader in the global energy transition, with plans to bring mass production of its Neocarbonix product to major lithium-ion applications by 2027. This milestone marks a significant step forward in the company's mission to transform energy storage for all battery applications.