USA – Nanotech Energy, Inc., a Los Angeles, CA-based supplier of graphene powered storage products, closed its $27.5m Series C funding.
The post-money valuation of the round was $227.5m. Founded in 2014 by Jack Kavanaugh, who serves as the chairman and CEO, along with UCLA scientists Dr. Richard Kaner and Dr. Maher El-Kady, Nanotech Energy provides graphene-based energy storage products with applications in batteries, transparent conducting electrodes, conductive inks, printed electronics, conductive epoxy, antistatic coatings and EMI (electromagnetic interference) shielding. The company intends to use the funds to expand its production of graphene batteries, as well as the production of conductive epoxies, conductive inks and electromagnetic interference shielding spray paints and films. 18/05/2020
