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DateInvestorsAmountRound
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N/A

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$4.5m

Early VC

$7.5m

Grant

$1.7m

Grant
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$65.0m

Series B
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$550k

Grant
Total Funding€75.9m

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NanoGraf Corporation is a cutting-edge materials company that specializes in the development of high energy density silicon-based anode materials. These materials have the potential to replace the current graphitic-based anodes used in lithium-ion batteries. The company's innovative technology is designed to meet the increasing energy and power demands of modern consumers, which current battery technology struggles to satisfy.

NanoGraf's products are particularly relevant in the consumer electronics and electric vehicle markets, where lithium-ion batteries are the preferred portable power technology. Over the past decade, improvements in lithium-ion battery energy density have nearly plateaued, and existing battery technologies are struggling to keep up with consumer demand for more range, power, and cycling stability.

NanoGraf's silicon anode products offer a significant increase in lithium-ion battery energy and power density. Despite the challenges faced by metallic silicon in commercialization, NanoGraf's technology stabilizes a silicon-containing material, ensuring limited first cycle losses, stable cycling performance, and ease of drop-in processing.

The company's business model involves partnering with leading global brands across various industries. As one of the only advanced materials companies to receive an anode materials development contract from the United States Advanced Battery Consortium, NanoGraf is well-positioned in the market.

In terms of revenue, NanoGraf makes money by selling its high-performance anode materials to its partners and customers, who then use these materials in their own products, such as consumer electronics and electric vehicles.

Keywords: NanoGraf Corporation, silicon-based anode materials, lithium-ion batteries, consumer electronics, electric vehicles, energy density, power density, global brands, United States Advanced Battery Consortium, anode materials development contract.

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