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NanoMuscle

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NanoMuscle manufactures products that displace small electromagnetic motors and solenoids

Antioch, United StatesFounded 1998Semiconductors
Valuation $50–100M Last recorded · 2003
Total funding $10–50M Disclosed equity funding
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About NanoMuscle

NanoMuscle Inc., founded on December 31, 1998, was a developer and manufacturer of miniature actuators based on shape memory alloy (SMA) technology. The company was established by high-tech entrepreneur Rod MacGregor, who aimed to commercialize the next wave of significant technological advancements. A notable early backer of the startup was Hasbro, a major toy company, which had plans to incorporate NanoMuscle's technology into its products.

The core of NanoMuscle's business was the production of small, powerful motors that utilized the properties of a nickel-titanium alloy (Nitinol). These actuators functioned like a human muscle, contracting when an electrical current was applied, which caused the Nitinol wire to heat up and change shape. This process allowed the devices to perform linear or rotary motion with significant force relative to their small size and weight. For instance, the NM706-Super actuator, weighing only 1.1 grams, was capable of moving a 70-gram load. The technology was positioned as a lightweight, silent, and solid-state alternative to conventional small motors.

The company targeted a broad range of markets, estimated to be worth billions, including consumer electronics, automotive applications, and toys. Specific uses included powering windows or creating nuanced facial expressions in dolls. The business model focused on manufacturing these actuators at a low cost—reportedly under $1 per unit—to supply to other companies as clients. Following the discontinuation of its original operations, the NanoMuscle product line and brand were acquired by Miga Motor Company (now Miga Robotics), which continues to design, manufacture, and sell these shape memory alloy actuators.

Source: Dealroom company data

At a glance

Status
Closed
Founded
1998
Headquarters
Antioch, United States
Open positions
None listed
Dealroom signal
0.0/100
Industry
Semiconductors
Sector
Semiconductors, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Oct 2003 $16M $64M Schneider Electric · Vision Capital · Net-Partners · Firsthand Capital Management —
SERIES B✓Equity / VC Apr 2002 $5M $20M Crossbow Ventures · Jetta Company Limited · IDEO —
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Growth signals

NanoMuscle website traffic

Latest recorded traffic for NanoMuscle is 0 monthly website visits, down 100% over the last three months.

Latest monthly visits0 3-month web change-100%
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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

8 investors on the cap table

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

Series A3 investors entered at this stage

  • IDEO
  • Crossbow Ventures
  • Jetta Company Limited

Series B and later5 investors entered at this stage

  • Schneider Electric
  • Vision Capital
  • Net-Partners
  • Firsthand Capital Management
  • PacRim Venture Partners
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
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
🇺🇸 United States · Antioch HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about NanoMuscle 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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