Liatris
Liatris is a technology company.
Financial History
Liatris has raised $1.0M across 1 funding round.
Frequently Asked Questions
How much funding has Liatris raised?
Liatris has raised $1.0M in total across 1 funding round.
Liatris is a technology company.
Liatris has raised $1.0M across 1 funding round.
Liatris has raised $1.0M in total across 1 funding round.
Liatris is a startup developing advanced thermal insulation materials that deliver high-performance energy savings for buildings, targeting businesses and consumers to make life more affordable, comfortable, and safe.[1][2] The company produces lightweight, easy-to-install composites that are non-flammable, non-toxic, environmentally friendly, low-carbon, and dust-free, serving as drop-in replacements for materials like EPS/XPS with superior R-values (e.g., aiming for R-10/inch).[1][3] It addresses under-insulation in ~90% of U.S. buildings by offering resilient, waterproof insulation at competitive costs, with recent facility expansions enabling first commercial products in 2026 and projected $20M economic impact over three years.[2][3]
Growth momentum includes a new 4,000 sq ft pilot manufacturing facility in Rockville, MD (opened 2025), supported by $1M in Maryland state grants, creating 15 direct jobs and over 100 indirect ones.[2][4][5] Led by insulation experts, Liatris is scaling via partnerships and DOE-funded R&D for inorganic nanocomposites like clay-cellulose-silica.[3]
Liatris emerged from the expertise of founders Frank Yang (President/CEO, MBA from Harvard, BA from Amherst) and Dr. Yang (likely a key technical lead), both with deep insulation and materials backgrounds.[1] Frank previously raised $400M+ at prior ventures, including Pixtronix (sold to Qualcomm for $150M), Nantero (sold to Lockheed Martin), ISTN, and Lehman Brothers.[1] Dr. Yang led $20M+ in DOE/NIST/NIH-funded projects at ISTN and headed insulation R&D at Armstrong Insulation (spun into Armacell, a global foams leader).[1]
The idea stemmed from market gaps: aging U.S. buildings (avg. 39 years old), installation challenges with fiberglass/mineral wool, and high costs/embodied carbon in premium insulators.[3] Early traction involved leasing a 5,000 sq ft lab, self-funding equipment despite COVID delays, and securing DOE peer-reviewed funding for super-insulation prototypes.[3] Pivotal moments include the 2025 Rockville facility expansion with state grants, marking the shift to commercial production.[2][4]
Liatris rides the cleantech wave of building decarbonization and energy efficiency, amplified by U.S. incentives like IRA tax credits and rising fire-safety regs amid climate risks.[3] Timing aligns with 90% under-insulated stock and net-zero mandates, where insulation upgrades yield fastest ROI vs. electrification.[3] Market forces favor it: supply chain resilience via U.S. manufacturing, state support (e.g., Maryland grants), and partnerships with incumbents like XPS producers for low-cost scaling.[2][3][5]
It influences the ecosystem by supplementing mineral wool in walls (initial R-4/inch product), enabling mass-market super-insulation to cut energy use 20-50% in retrofits/new builds, and fostering jobs in advanced materials.[2][3]
Liatris is poised for breakout with 2026 commercial launch from its Rockville facility, targeting exterior walls then broader applications via incumbent partnerships.[2][3] Trends like embodied carbon regs, off-site construction, and DOE scale-up will accelerate growth, potentially mirroring Armacell-like expansion.[1][3] Influence may evolve from niche innovator to mass producer, transforming insulation affordability and driving $20M+ regional impact—reinforcing its mission to deliver the cleanest, fastest energy savings.[2]
Liatris has raised $1.0M in total across 1 funding round.
Liatris's investors include Acario.
Liatris has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in June 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2021 | $1.0M Seed | Acario |