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Cnano Technology
Cnano Technology is dedicated to the production of carbon nanotubes and application of advanced energy
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | — |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Pangaea Ventures- CCCMEA Capital
WI Harper Group
IDG Capital
Series B and later2 investors entered at this stage
GRC SinoGreen Fund
Presidio Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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