Cnano Technology

Cnano Technology

Cnano Technology is dedicated to the production of carbon nanotubes and application of advanced energy.

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$15.0m

Series C
Total Funding000k
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Jiangsu Cnano Technology Co., Ltd. is a materials science company focused on the production and application of carbon-based nanomaterials. Founded in 2007, the company established its initial headquarters in Santa Clara, California, with manufacturing operations located in China, backed by venture capital from firms including CMEA Capital, Pangaea Ventures, and WI Harper. The President and CEO in its early years was Xindi Wu. A significant achievement occurred in 2009 when Cnano commissioned the world's largest manufacturing plant for multi-wall carbon nanotubes (MWCNTs) at the time, boasting an annual capacity of 500 tons.

The company's business revolves around the research, development, production, and sale of carbon nanotubes and graphene. These materials are commercialized in various forms, such as powders, conductive pastes, and masterbatches. Revenue is generated through the sale of these advanced nanomaterials, licensing agreements, and custom project contracts. Cnano's proprietary manufacturing technology, which includes chemical vapor deposition (CVD), is designed for large-scale production at a competitive cost structure. The company serves a diverse client base across several industries, with a primary focus on the energy storage market, particularly for lithium-ion batteries used in electric vehicles. Other key markets include conductive polymer composites, electronics, and antistatic coatings.

Cnano Technology's core products are single-wall and multi-wall carbon nanotubes, materials known for their exceptional strength, flexibility, and conductivity. These nanotubes, which are cylindrical structures of carbon atoms, are approximately 15,000 times smaller than a human hair and significantly more conductive than copper. When formulated into a conductive paste, these CNTs are used as an additive in battery electrodes, which can improve energy transfer, reduce energy loss, and enhance charging speeds for lithium-ion batteries. The company holds international patents for the preparation and processing of its carbon nanotubes. To support its North American customers, Cnano is establishing a major manufacturing facility in the U.S. through its subsidiary, Cnano USA, Inc., representing a significant investment to bolster the domestic supply chain for the electric vehicle industry.

Keywords: carbon nanotubes, graphene, nanomaterials, lithium-ion batteries, conductive additives, energy storage, advanced materials, electric vehicles, CNT paste, battery technology, conductive polymers, antistatic coatings, material science, chemical vapor deposition, nanocarbon, MWCNT, SWCNT, battery manufacturing, EV components, Jiangsu Cnano

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