Nopo Nanotechnologies is a Bengaluru-based startup that has secured a $3 million fund in its pre series A funding round. The round was co-led by Inflexor ventures and deep tech funds Axilor’s Micelio  Fund. The funding round also had participation from other investors including Aureolis and other angel  investors. 

The startup will use this funding amount to enhance its products and improve its technical &  engineering capabilities and market expansion. According to a report by Entrackr, the company is using  the fund to expand its production capacity to service global battery manufacturers and develop it  further to target electric and semiconductor customers. Nopo Nanotechnologies was founded by  Gadhar Reddy and Kelly Brasely to offer high-quality single-walled carbon Nanotubes. The two  founders have been working on building the technology over the past years. Single-walled Carbon  Nanotubes are materials that are used in various applications including EV batteries, the material can  improve energy density usage of the applications.  

This Bengaluru-based startup has been manufacturing the material for five years and is now targeting the global market. Nopo Nanotechnologies is aiming to expand its capacity for global customers  working in advanced electronics and high energy density batteries. Nopo Nanotechnologies claimed  to be the only startup across the country to have developed the technology to produce Single-walled  Carbon Nanotubes. The startup is one of the few across the globe to have developed this technology.  

The founder and CEO of Nopo Nanotechnologies, Gadadhar Reddy highlighted that 100+ applicants  across the globe are being developed and are using Single-walled Carbon Nanotubes. The technology  is getting used from desalination to cancer treatment. The startup will move forward to develop  material and act as a pioneer in driving the development of this material with the help of Micelio and  Inflexor. The startup will use this funding amount to expand its production capacity and scale up  operations to meet global demand. 

Conclusion: 

Nopo Nanotechnologies is a Bengaluru-based startup that has secured a $3 million fund in its pre series A funding round co-led by Inflexor ventures and deep tech funds Axilor’s Micelio Fund. The  funding round also had participation from other investors including Aureolis and other angel investors. Nopo Nanotechnologies was founded by Gadhar Reddy and Kelly Brasely to offer high-quality single walled carbon Nanotubes. The two founders have been working on building the technology over the  past years. Single-walled Carbon Nanotubes are materials that are used in various applications  including EV batteries, the material can improve energy density usage of the applications.

This  Bengaluru-based startup has been manufacturing the material for five years and is now targeting the  global market. Nopo Nanotechnologies is aiming to expand its capacity for global customers working  in advanced electronics and high energy density batteries. The startup will move forward to develop material and act as a pioneer in driving the development of this material with the help of Micelio and  Inflexor. The startup will use this funding amount to expand its production capacity and scale up  operations to meet global demand.