popular articles

Nanoramic raises $44 million to revolutionize the battery sector with Neocarbonix®

The American startup Nanoramic, specializing in advanced battery technologies, has raised $44 million with support from GM Ventures, Catalus Capital, and Samsung Ventures to accelerate the commercialization of its innovative Neocarbonix® technology.

Please share:

The American company Nanoramic, a pioneer in advanced battery technologies, has announced a $44 million funding round. This financing was co-led by General Motors Ventures (GM Ventures) and Catalus Capital, with participation from Samsung Ventures, Top Material, and existing investors such as Fortistar Capital and WindSail Capital Group. The funding aims to support the large-scale commercialization of Nanoramic’s patented Neocarbonix® technology.

Neocarbonix® is an innovative technology that redefines lithium-ion battery standards by offering a PFAS-free (per- and polyfluoroalkyl substances) solution and eliminating the use of conventional NMP solvents. This process ensures a sustainable alternative for safer manufacturing practices while reducing production costs and energy requirements. The technology can be directly integrated into existing production lines thanks to its flexible and asset-light business model.

Real benefits for the battery industry

The Neocarbonix® technology aims to transform the battery industry through significant cost reductions and performance improvements. It enhances energy density, power, and fast-charging capabilities while improving worker safety. Nanoramic is positioning itself as a key player in the energy transition, addressing the growing demands of industries such as mobility, stationary storage, and electronic devices.

By collaborating with strategic partners such as global automotive manufacturers, battery makers, and consumer electronics companies, Nanoramic is pursuing a sustainable innovation approach. This strategy aims to secure supply chains while reducing the environmental impact of production.

Strategic support for global expansion

According to Anirvan Coomer, Managing Director at GM Ventures, “Innovations in battery technologies are at the core of our investment strategy.” He highlighted the importance of collaborating with Nanoramic to promote significant advancements in the sustainability and efficiency of battery manufacturing.

Saif Qazi, Vice President at Catalus Capital, expressed his confidence in Nanoramic’s potential to address the most complex challenges in the sector. He described the Neocarbonix® technology as a revolutionary solution capable of meeting the urgent needs of battery-dependent industries.

Samsung Ventures, represented by Investment Director Robert Ashcraft, also emphasized the opportunities offered by this technology to improve battery performance while reducing cost and environmental impact.

A promising future for the energy transition

John Cooley, founder and CEO of Nanoramic, sees this funding round as a major turning point for the company. He stated that Neocarbonix® overcomes traditional barriers hindering the advancement of battery technologies, offering practical solutions to accelerate electrification in strategic sectors.

With the financial and strategic support of its partners, Nanoramic plans to intensify the global adoption of its technology and address the growing challenges in the energy transition industries. By rethinking the very foundation of battery materials, Nanoramic aspires to become a leading figure in this field.

Register free of charge for uninterrupted access.

Publicite

Recently published in

The California-based company Enzinc raises 8 million dollars to expand its battery technology, offering a solution to optimize global energy storage capacity in the context of energy transition.
Alternus Clean Energy finalizes the acquisition of LiiON, a key player in advanced energy storage solutions, to diversify its activities and strengthen its portfolio of strategic clients like Amazon and Walmart.
Alternus Clean Energy finalizes the acquisition of LiiON, a key player in advanced energy storage solutions, to diversify its activities and strengthen its portfolio of strategic clients like Amazon and Walmart.
Envision Energy will deliver 257 MW of capacity and 1028 MWh of energy storage as part of the BESIPPPP program, marking a key step in South Africa's energy transition.
Envision Energy will deliver 257 MW of capacity and 1028 MWh of energy storage as part of the BESIPPPP program, marking a key step in South Africa's energy transition.
Rio Tinto announces a $2.5 billion investment to multiply its annual lithium carbonate production in Argentina twentyfold. This strategic project supports the global energy transition.
Rio Tinto announces a $2.5 billion investment to multiply its annual lithium carbonate production in Argentina twentyfold. This strategic project supports the global energy transition.
EVE Energy achieves a breakthrough milestone by mass-producing the first 628 Ah battery. With cutting-edge technology and an innovative 60 GWh factory, the company establishes itself as a key player in the global energy storage market.
Bolivia, rich in lithium resources, struggles to compete with its "lithium triangle" neighbors. Despite recent projects, technical and institutional challenges hinder its development in this strategic sector.
Bolivia, rich in lithium resources, struggles to compete with its "lithium triangle" neighbors. Despite recent projects, technical and institutional challenges hinder its development in this strategic sector.
Nofar Energy has concluded a 7-year fixed-price agreement for its Stendal project in Germany. This structuring contract marks a key milestone for the energy storage sector in Europe.
Nofar Energy has concluded a 7-year fixed-price agreement for its Stendal project in Germany. This structuring contract marks a key milestone for the energy storage sector in Europe.
Canadian provider EVLO, a subsidiary of Hydro-Québec, has delivered a 12 MW/64 MWh battery energy storage system for a group of buyers in California, with commissioning scheduled for spring 2025.
Canadian provider EVLO, a subsidiary of Hydro-Québec, has delivered a 12 MW/64 MWh battery energy storage system for a group of buyers in California, with commissioning scheduled for spring 2025.
Germany and Serbia join forces to exploit Europe’s largest lithium reserves. A key challenge for the European automotive industry amid its transition to electric vehicles.
The call for autonomous energy storage projects in Bulgaria received proposals totaling €2.55 billion, 4.3 times the allocated budget of €581 million. However, access to funding remains uncertain.
The call for autonomous energy storage projects in Bulgaria received proposals totaling €2.55 billion, 4.3 times the allocated budget of €581 million. However, access to funding remains uncertain.
The rise in energy price volatility is boosting battery investments in Australia, strengthening their key role in the energy transition.
The rise in energy price volatility is boosting battery investments in Australia, strengthening their key role in the energy transition.
The Moselle region welcomes the "fourth largest" energy storage facility in France, a key step toward integrating renewable energy and managing the grid effectively.
The Moselle region welcomes the "fourth largest" energy storage facility in France, a key step toward integrating renewable energy and managing the grid effectively.
Stellantis and Zeta Energy launch a partnership to develop lithium-sulfur batteries. Promising lightweight construction, extended range, and reduced costs, this technology could transform the electric vehicle industry by 2030.
CPS Energy and OCI Energy partner to develop a 120 MW/480 MWh energy storage system in Bexar County, Texas, as part of the Vision 2027 plan to strengthen San Antonio’s sustainable energy capacity.
CPS Energy and OCI Energy partner to develop a 120 MW/480 MWh energy storage system in Bexar County, Texas, as part of the Vision 2027 plan to strengthen San Antonio’s sustainable energy capacity.
Grenergy is turning to Germany and the United States for its energy storage projects in response to the growing needs of data centers and complex energy markets.
Grenergy is turning to Germany and the United States for its energy storage projects in response to the growing needs of data centers and complex energy markets.
Ace Green Recycling merges with Athena Technology Acquisition Corp. II to accelerate its development, with plans for expansion in Texas and specialized technology in energy storage for lead and lithium-ion batteries.
Ace Green Recycling merges with Athena Technology Acquisition Corp. II to accelerate its development, with plans for expansion in Texas and specialized technology in energy storage for lead and lithium-ion batteries.
Eos Energy Enterprises strengthens its position in the energy transition with a loan guaranteed by the U.S. Department of Energy. This funding supports zinc battery production expansion and the creation of hundreds of jobs in the U.S.
LG Energy Solution and General Motors announce a partnership to create advanced prismatic battery technology for future electric vehicles, strengthening their 14-year strategic collaboration.
LG Energy Solution and General Motors announce a partnership to create advanced prismatic battery technology for future electric vehicles, strengthening their 14-year strategic collaboration.
The sale of Harmony Energy Income Trust's battery portfolio could redefine market benchmarks in the UK. Investors are closely watching the sector's ability to attract premiums amid uncertain conditions.
The sale of Harmony Energy Income Trust's battery portfolio could redefine market benchmarks in the UK. Investors are closely watching the sector's ability to attract premiums amid uncertain conditions.
A major contract has been signed between Bolivia and Hong Kong CBC Investment for the construction of two lithium carbonate plants, strengthening the country's strategic position in the renewable energy sector.
A major contract has been signed between Bolivia and Hong Kong CBC Investment for the construction of two lithium carbonate plants, strengthening the country's strategic position in the renewable energy sector.
The Corazon Energy Storage project, with a capacity of 150 MW / 600 MWh, will support grid reliability and renewable energy integration in New Mexico, bringing the state closer to its clean energy goals by 2045.
Under the weight of colossal debt, Northvolt seeks protection under the U.S. Chapter 11 law. The departure of CEO Peter Carlsson marks a critical turning point for the company, once a European flagship in the battery industry.
Under the weight of colossal debt, Northvolt seeks protection under the U.S. Chapter 11 law. The departure of CEO Peter Carlsson marks a critical turning point for the company, once a European flagship in the battery industry.
Element Energy has commissioned a 53 MWh facility using repurposed electric vehicle batteries, providing an innovative and eco-friendly solution for energy storage on the ERCOT grid.
Element Energy has commissioned a 53 MWh facility using repurposed electric vehicle batteries, providing an innovative and eco-friendly solution for energy storage on the ERCOT grid.
GUS Technology and Toshiba Corporation have reached an agreement to develop lithium-ion batteries using niobium titanium oxide (NTO), with a market launch targeted for 2025.
GUS Technology and Toshiba Corporation have reached an agreement to develop lithium-ion batteries using niobium titanium oxide (NTO), with a market launch targeted for 2025.

Advertising