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Cnano Technology

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

Zhenjiang, ChinaFounded 2007Energy
Valuation $50–100M Last recorded · 2015
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Cnano Technology

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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2007
Headquarters
Zhenjiang, China
Employees
8
Open positions
None listed
Dealroom signal
36.8/100
Industry
Energy
Sector
Energy, Lithium-Ion Batteries, Nanomaterials, Hard Tech, Carbon Nanotubes
Technology
Nanotech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest May 2023
Capital deployed
$79M
Preferred round
LATE VC

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Apr 2015 $15M $60M WI Harper Group · CMEA Capital · GRC SinoGreen Fund · Presidio Partners —
SERIES B✓Equity / VC Jan 2010 $7M $28M IDG Capital · CMEA Capital —
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Growth signals

Cnano Technology website traffic

Latest recorded traffic for Cnano Technology is 250 monthly website visits, down 37.5% over the last three months. Cnano Technology's team declined 20% over the past year.

Latest monthly visits250 3-month web change-37.5% 1-year team growth-20%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Pangaea Ventures
  • CMEA Capital
  • WI Harper Group
  • IDG Capital

Series B and later2 investors entered at this stage

  • GRC SinoGreen Fund
  • Presidio Partners
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇨🇳 China60%
🇺🇸 United States20%
🇸🇦 Saudi Arabia20%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cnano Technology on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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