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Modumetal is a technology company.
Modumetal develops nanolaminated materials that significantly outperform conventional metals in durability, performance, and sustainability. Using proprietary electroplating, the company produces advanced alloys like NanoGalv, NanoPlex, and ModuGalv, engineered for superior resistance to corrosion and wear. This approach enables robust metallic structures for demanding industrial applications.
Modumetal was founded in 2007 by Christina Lomasney and John Whitaker. Their collaboration stemmed from recognizing traditional metal limitations and nanotechnology's potential. Lomasney, physicist, and Whitaker, chemical engineer, combined backgrounds to pioneer novel material construction through precise nanoscale layering.
Modumetal's products serve industries demanding resilient materials for critical above-surface and below-surface applications. The company envisions its nanolaminated alloys combating environmental degradation, extending the lifespan of essential infrastructure. Modumetal aims to deliver sustainable, safer, and longer-lasting material solutions for global industrial scale.
Modumetal has raised $86.0M across 5 funding rounds.
Modumetal has raised $86.0M in total across 5 funding rounds.
Modumetal is a technology company specializing in nanolaminated metal alloys that deliver superior strength, durability, corrosion resistance, and sustainability compared to conventional metals.[1][2] Its key products—NanoGalv (zinc-nickel for corrosion resistance), NanoPlex (nickel-cobalt for wear resistance in subsurface applications like mining), and ModuGalv (iron-nickel for infrastructure longevity)—serve industries including energy, mining, oil and gas, aerospace, automotive, railways, construction, and shipbuilding, solving chronic issues like corrosion and wear that shorten material lifespans by up to 10x while claiming 30x better corrosion resistance.[3][4] The company scales via cost-competitive industrial manufacturing and licensing, recently raising $14M in Series A-2 funding to expand partnerships and meet demand from global customers.[3]
Modumetal emerged from breakthroughs in nanotechnology, developing a patented process using modulated electric fields and proprietary chemistry to layer metals at nanometer scales—about 100,000 times thinner than a human hair—for industrial applications.[2] Under President and CEO Dennis Creech, the company has evolved from R&D to proven scalability, with products like ModuGalv field-tested for infrastructure corrosion challenges.[4] Pivotal moments include achieving cost parity with traditional metals, enabling revenue through direct sales and licensing packages (including NanoPro controllers and training), and securing $14M funding in a recent Series A-2 round to fuel growth amid rising industrial demand.[3][4]
Modumetal rides the wave of advanced materials innovation, addressing global corrosion costs (trillions annually) amid pushes for sustainable infrastructure, renewable energy, and resilient supply chains in transportation and energy sectors.[1][2][4] Timing aligns with post-pandemic industrial upgrades, electrification (e.g., EVs, renewables), and net-zero goals, where longer-lasting metals cut emissions from production and replacement.[3][4] Market forces like rising raw material prices and extreme weather favor its 10x durability edge, positioning Modumetal to influence ecosystems by licensing tech to incumbents, enabling "generations-long" assets in mining, oil/gas, and aerospace.[2][3]
Modumetal's trajectory points to aggressive scaling post-$14M raise, with deepened partnerships in energy and automotive, potential entry into emerging sectors like hydrogen infrastructure, and expanded licensing to dominate nanolaminate adoption.[3][4] Trends in sustainability mandates and AI-optimized manufacturing will amplify its edge, evolving it from innovator to standard-setter in metal performance. As industries demand "metal built better," Modumetal stands to redefine durability baselines, delivering the industry-changing ROI its nanolaminates promise.[1]
Modumetal has raised $86.0M in total across 5 funding rounds.
Modumetal's investors include Drew Gardner, Rich Keller, Stuart Nagae, Steve Singh, ConocoPhillips, Flying Fish Partners, Catamount Ventures, Chevron Technology Ventures, Second Avenue Partners.
Modumetal has raised $86.0M across 5 funding rounds. Most recently, it raised $14.0M Series A in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 7, 2022 | $14.0M Series A | Drew Gardner, Rich Keller | |
| Jan 29, 2019 | $14.0M Other Equity | Stuart Nagae | Steve Singh, ConocoPhillips |
| Jan 1, 2019 | $14.0M Venture Round | Flying Fish Partners | |
| Aug 1, 2015 | $34.0M Venture Round | Flying Fish Partners | |
| Nov 5, 2012 | $10.0M Other Equity | Catamount Ventures, Chevron Technology Ventures, Second Avenue Partners |