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§ Private Profile · North Andover, MA, USA
Develops microwave plasma technology to produce nanomaterials for additive manufacturing, energy storage, and high-performance coatings.
Based in North Andover, Massachusetts, Amastan Technologies rebranded to 6K in 2019 and develops microwave plasma systems producing advanced materials and sustainable powders for additive manufacturing and lithium ion batteries. The company utilizes its proprietary UniMelt technology to transform raw and recycled feedstocks into highly uniform nanomaterials like borides, carbides, and metal alloys. Operating a forty thousand square foot production facility, the enterprise generates nearly twelve million dollars in annual revenue and employs up to two hundred fifty personnel. The manufacturer has secured over one hundred eighty five million dollars in total venture funding from lead investors including Energy Impact Partners, Volta Energy Technologies, and Koch Strategic Platforms. Originally founded in 2007 by Kamal Hadidi and Richard Holman, the firm recently received a fifty million dollar Department of Energy grant to establish a domestic battery material manufacturing plant.
Amastan Technologies has raised $24.9M across 2 funding rounds.
Amastan Technologies has raised $24.9M in total across 2 funding rounds.
Amastan Technologies has raised $24.9M across 2 funding rounds. Most recently, it raised $11.0M Series B in May 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 20, 2019 | $11M Series B | Anzu Partners | Launch Capital, Material Impact, RKS Ventures | Announced |
| Oct 26, 2017 | $13.8M Debt Financing | Anzu Partners | KLP Ventures, Launch Capital, Massdevelopment, Mark Little, RKS Ventures | Announced |
Amastan Technologies has raised $24.9M in total across 2 funding rounds.
Amastan Technologies's investors include Anzu Partners, Launch Capital, Material Impact, RKS Ventures, KLP Ventures, LaunchCapital, MassDevelopment, Mark Little.