Tech Company Financing Transactions
NanoMech Funding Round
NanoMech, operating out of Springdale, secured $10 million from Saudi Aramco Energy Ventures and private investors.
Transaction Overview
Company Name
Announced On
4/14/2016
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Investors
Saudi Aramco Energy Ventures (Lead Investor) (Cory Steffek)
Proceeds Purpose
This capital infusion and relationship will significantly accelerate NanoMech's manufacturing, sales and product development.
Company Information
Company Status
Private & Independent
Industry
Nanotechnology
Mailing Address
2447 Technology Way
Springdale, AR 72764
USA
Springdale, AR 72764
USA
Phone
Website
Email Address
Overview
NanoMech, Inc. develops and manufactures application-specific nanoparticle additives, nanoparticle-based coatings, and coating deposition systems. The company's products include NanoGlide, a lubricant for loaded components; ElementX that provides custom engineered pure metal and alloy nano-powders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Phillips
Chief Scientific Officer
Arpana Verma
President
Greg Schwartz
VP - Finance
Wyatt Watkins
VP - Manufacturing
Wenping Jiang
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