Nanoramic, Inc., a developer of advanced battery materials, has closed $54 million in Series 1 equity financing to support the commercialization of its Neocarbonix® technology. The funding round was led by existing investors General Motors Ventures and Catalus Capital, with participation from PEP Capital as a new lead investor. Additional investors included Samsung Ventures, Top Material, ITOCHU Corporation, Fortistar Capital, and WindSail Capital Group.
The fresh capital will accelerate global deployment of Neocarbonix® under an asset-light, drop-in model intended to integrate seamlessly into existing lithium-ion cell manufacturing lines. Nanoramic reports that its standardized Neocarbonix® formulations have completed qualification programs across multiple chemistries and applications during 2025. Manufacturing partners are now able to supply Neocarbonix® products worldwide, with gigawatt-hour scale support in place and plans to expand shipments to global production sites in 2026.
Neocarbonix® is a PFAS-free alternative to conventional N-methyl-2-pyrrolidone (NMP) dispersants, designed to improve energy density, power delivery, fast-charge capability and overall cell cost, while also enhancing process sustainability and worker safety. By eliminating harmful “forever chemicals” and leveraging existing line infrastructure, the company aims to streamline adoption of advanced battery materials in electric vehicles, consumer electronics and grid storage.
Representatives from Samsung Ventures noted continued confidence in Nanoramic’s progress, citing the technology’s ability to lower cost and environmental impact across energy storage applications. Brent Saiontz, Partner at PEP Capital, said, “As global energy demand continues to surge, advanced battery innovation is essential. We’re proud to support Nanoramic as they commercialize a battery platform that delivers superior performance at lower cost. With broad applicability across industries and seamless integration into existing technologies and manufacturing lines, Nanoramic provides a practical, scalable path to better batteries today.”
“As co-leads of this financing, we are impressed by Nanoramic’s execution and success in transitioning from validation towards global commercialization. Their asset-light, drop-in solution provides a clear path to market adoption, addressing the energy storage industry’s critical needs. We are proud to support their scale-up as they become a key leader in the energy transition,” said Saif Qazi, Vice President at Catalus Capital.
John Cooley, Nanoramic CEO and Founder, said, “With the final closing of this round, Nanoramic has secured a portfolio of best-in-class customers and partners. These partnerships will help bring mass production of our Neocarbonix product to all major lithium-ion applications by 2027. Our asset-light model will benefit from the trading expertise of ITOCHU, the manufacturing expertise of Top Material, and the commercial prowess and broad application exposure of our most major customers including General Motors, Samsung SDI, and others. At Nanoramic, we will continue to successfully execute our plans toward global adoption now accelerated with the support of our new partners.”
Source: PR Newswire
