C3Nano conducts Nagase for $12m series C

Feb 24, 2017 •

C3Nano, the developer of conductive material Active-Grid, has closed a $12m series C round featuring industrial products company Nagase.

C3Nano, a US-based manufacturer of hybrid carbon nanotubes, has raised $12m in a series C round led by industrial products maker Nagase America Corporation alongside an undisclosed industrial company.

Venture capital firms GSR Ventures and Phoenix Venture Partners (PVP), and investment group Hongguo International also participated in the round.

C3Nano is the developer of the nanomaterial-based, solution coat-able transparent conductive material Active-grid. In order to keep up with demand, it will use the funds to expand its manufacturing capacity, and…

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