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§ Private Profile · Zhenjiang, China
Develops and manufactures multi-wall carbon nanotubes for advanced energy storage, conductive plastics, and composites.
Cnano Technology is a Santa Clara, California-based company that develops and manufactures specialized industrial-grade multi-wall carbon nanotubes for advanced energy storage, conductive plastics, and structural composites. The enterprise operates manufacturing facilities in Beijing with a production capacity of up to 500 tons per year, utilizing patented technology licensed directly from Tsinghua University. Operating primarily within the nanotechnology and advanced energy sectors, the firm supplies industrial materials to global customers developing lithium-ion batteries and various commercial electronics. The organization maintains a workforce of an estimated 10 to 50 employees under the leadership of Chief Executive Officer Tao Zheng, Cnano USA President Shawn Montgomery, and Lead Engineer Brent Dringenberg. Backed by approximately $28 million in total venture financing, which includes a $15 million Series C funding round, the manufacturing enterprise was officially founded in June 2007.
Cnano Technology has raised $28.0M across 3 funding rounds.
Cnano Technology has raised $28.0M in total across 3 funding rounds.
Cnano Technology has raised $28.0M in total across 3 funding rounds.
Cnano Technology's investors include GRC SinoGreen, Hotung Venture Group, IDG Capital, Megatop Capitals, Pangaea Ventures, Presidio Partners, WI Harper Group, M34 Capital.
Cnano Technology is a leading materials science company specializing in the research, development, production, and commercialization of carbon nanotubes (CNTs) and graphene-based products. Its portfolio includes carbon nanotube powders, conductive pastes, and masterbatches, which serve critical roles in enhancing the performance of lithium-ion batteries, conductive polymer composites, antistatic coatings, tire rubber reinforcement, and other industrial applications. The company primarily serves manufacturers in energy storage, electronics, automotive, and materials sectors, addressing challenges such as improving battery charging speed, conductivity, and material strength. Cnano has demonstrated strong growth momentum as the largest global manufacturer of multi-wall carbon nanotubes (MWCNTs), particularly dominating the battery additive market[1][2][5].
Founded in 2011 in Zhenjiang, China, Cnano Technology was established by Dr. Tao Zheng, who serves as founder, chairman, president, and CEO. The company originated from pioneering research into carbon nanotubes and graphene, focusing on scalable production and practical applications of these nanomaterials. Early traction came from securing international patents for multi-wall and single-wall carbon nanotube preparation and processing, enabling mass production capabilities. This foundation allowed Cnano to evolve from a research-driven startup into a commercial leader in specialty carbon nanomaterials[2][1].
Cnano rides the global trend toward advanced energy storage solutions and lightweight, high-performance materials. The timing is critical as electric vehicles (EVs), portable electronics, and renewable energy systems demand batteries with faster charging, longer life, and higher efficiency. Market forces such as the push for decarbonization and the growth of the EV market favor Cnano’s CNT-enhanced battery additives, which reduce energy loss and improve conductivity. By enabling superior battery performance and durable composites, Cnano influences the broader ecosystem of materials science, energy storage, and sustainable technology development[5][1].
Looking ahead, Cnano Technology is poised to expand its influence as demand for high-performance carbon nanomaterials grows globally. Trends such as the electrification of transport, grid energy storage, and next-generation electronics will shape its trajectory. The company’s continued innovation in CNT production and application development, combined with its international expansion (notably in the U.S.), suggests a strengthening role in enabling faster, more efficient batteries and advanced composite materials. Cnano’s leadership in scalable CNT manufacturing positions it well to capitalize on the accelerating shift toward sustainable, high-tech materials solutions[3][5].
Cnano Technology has raised $28.0M across 3 funding rounds. Most recently, it raised $15.0M Series C in April 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 20, 2015 | $15M Series C | GRC SinoGreen | Hotung Venture Group, IDG Capital, Megatop Capitals, Pangaea Ventures, Presidio Partners, WI Harper Group | Announced |
| Dec 1, 2009 | $7M Series B | — | M34 Capital | Announced |
| Dec 1, 2007 | $6M Series A | — | M34 Capital | Announced |