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The Founder's Handbook

Top 9 Nanotechnology Startups in 2024

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Think Nanotechnology is boring and everything’s been done before?

Think again.

If you’re in the Nanotechnology industry or are interested in starting a company in this space, this article dives into 9 of the hottest fast-growing Nanotechnology startups.


9 Nanotechnology Startups

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1) Graphmatech

Graphmatech

Graphmatech is a materials technology startup based in Sweden.

Details of the startup:

  • Country: Sweden
  • State: Vastmanlands Lan
  • City: Västerås
  • Started in: 2017
  • Founders: Bjorn Lindh, Mamoun Taher
  • Number of employees: 11-50
  • Funding: SEK84,500,000
  • Funding rounds: 2
  • Number of investors: 7 (SEB Venture Debt, InnoEnergy, ABB Technology Ventures, Forward Venture Capital, Walerud Ventures)

You can find their website here.

2) OCSiAl Group

OCSiAl Group

The first business to develop a low-cost, infinitely scaleable process for mass manufacture of graphene nanotubes.

Details of the startup:

  • Country: Luxembourg
  • State: Luxembourg
  • City: Luxembourg
  • Started in: 2009
  • Founders: Mikhail Predtechenskiy, Oleg Kirillov, Yuriy Zelvenskiy, Yury Koropachinskiy
  • Number of employees: 251-500
  • Funding: $176,000,000
  • Funding rounds: 13
  • Number of investors: 4 (RUSNANO, ExpoCapital, A&NN Investments, Igor Kim)

You can find their website here.

3) Nicoya Lifesciences

Nicoya Lifesciences

Nicoya is a nanotechnology startup that is producing world-changing sensor products.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Waterloo
  • Started in: 2012
  • Founders: John A. G. Dick, Ryan Denomme, Shawn Fitzpatrick
  • Number of employees: 11-50
  • Funding: $12,571,540
  • Funding rounds: 7
  • Number of investors: 20 (Accelerator Centre, Garage Capital, BDC Capital, University of Waterloo, Communitech)

You can find their website here.

4) NAWA Technologies

NAWA Technologies

NAWA Technologies, a French SMEs, has created a novel, cost-effective Ultra-Fast Carbon battery using nanotechnology.

Details of the startup:

  • Country: France
  • State: Provence-Alpes-Cote d'Azur
  • City: Rousset
  • Started in: 2013
  • Founders: Ludovic Eveillard, Pascal Boulanger
  • Number of employees: 11-50
  • Funding: € 24,500,000
  • Funding rounds: 3
  • Number of investors: 11 (Bpifrance, InnoEnergy, Demeter, Supernova Invest, CEA Investissement)

You can find their website here.

5) Vive Crop Protection

Vive Crop Protection

Vive develops more effective and long-lasting pesticides for organic and non-organic farming.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Mississauga
  • Started in: 2006
  • Founders: Cynthia Goh, Darren Anderson, Gwynn Curran-Sills, Jane Goh, Jordan Dinglasan, Richard Loo
  • Number of employees: 11-50
  • Funding: $39,999,527
  • Funding rounds: 10
  • Number of investors: 12 (Sustainable Development Technology Canada, Ontario Centres of Excellence, Ontario, Middleland Capital, Export Development Canada)

You can find their website here.

6) Agnikul

Agnikul

Agnikul is a space technology company that designs, builds, tests, and launches orbital class rockets for micro and nano satellites.

Details of the startup:

  • Country: India
  • State: Tamil Nadu
  • City: Chennai
  • Started in: 2017
  • Founders: Moin SPM, Satyanarayanan Chakravarthy, Srinath Ravichandran
  • Number of employees: 51-100
  • Funding: $14,543,144
  • Funding rounds: 4
  • Number of investors: 17 (LetsVenture, Pi Ventures, BEENEXT, Mayfield Fund, Naval Ravikant)

You can find their website here.

7) Log 9 Materials

Log 9 Materials

Log 9 Materials is a nanomaterials production and research and development company.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2014
  • Founders: Akshay Singhal, Kartik Hajela
  • Number of employees: 11-50
  • Funding: $3,935,129
  • Funding rounds: 3
  • Number of investors: 8 (Blume Ventures, Surge, Omidyar Network, Exfinity Venture Partners, Metaform Ventures)

You can find their website here.

8) Onconano Medicine

Onconano Medicine

OncoNano Medicine is a biotech firm that creates pH-activated chemicals that digitalize and exploit illness pH variability.

Details of the startup:

  • Country: United States
  • State: Texas
  • City: Southlake
  • Started in: 2014
  • Founders: Ravi Srinivasan
  • Number of employees: 11-50
  • Funding: $116,728,526
  • Funding rounds: 6
  • Number of investors: 3 (Advantech Capital, Cancer Prevention and Research Institute of Texas, Salem Partners)

You can find their website here.

9) Moleaer

Moleaer

MoleaerTM (Latin for "small air"), a firm established in Los Angeles, creates industrial nanobubble systems.

Details of the startup:

  • Country: United States
  • State: California
  • City: Torrance
  • Started in: 2016
  • Founders: Bruce Scholten, Warren Russell
  • Number of employees: 1-10
  • Funding: $20,000,000
  • Funding rounds: 3
  • Number of investors: 4 (S2G Ventures, Energy Innovation Capital, ADM Capital, Cibus Fund)

You can find their website here.

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