# Meijo Nano Carbon.Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/meijo-nano-carbon-co

- Industry: Materials
- Headquarters: Nagoya, Japan
- Website: www.meijo-nano.com/
- Total disclosed funding: $6.8M
- Latest round: Series B (May 31, 2022)
- Investors on record: 8

## About

Founded in 2005 by founder Takeshi Hashimoto and based in Nagoya, Japan, Meijo Nano Carbon. Co., Ltd. engages in the manufacture and sale of chemicals and carbon nanotubes (CNTs). The carbon nanotubes produced by the company are components that are applied in various fields such as electronics, batteries, medicine, nanotechnology, and other materials. In June 2024, Meijo Nano Carbon.Co., Ltd. raised an amount in venture funding from investor SK Inc. Materials.
 
Meijo Nano Carbon primarily produces single-walled carbon nanotubes for their properties compared to their multi-walled counterparts. These nanotubes are utilized across various applications, including in electronics, where their conductivity is harnessed for creating advanced components, and in materials science, for the development of lightweight, durable materials. The production process at Meijo Nano Carbon incorporates state-of-the-art synthesis, purification, and dispersion technologies. This advanced approach allows for the consistent manufacturing of high-quality carbon nanotubes, which are essential for applications in fields such as nanotechnology, energy storage, and composite materials.
 
The June 2024 funding will be used to establish a mass production system for highly crystalline, high-purity SWCNTs for use in LIBs, primarily in EV batteries.

## Funding rounds

- Series B, May 31, 2022, $2.7M — K4 Ventures
- Series A, May 30, 2018, $4.1M — SBI Shinsei Bank, Nippon Venture Capital, SMBC Venture Capital, SPARX Group, Shizuoka Capital, Juroku Lease, OKB Capital

## Investors

- SBI Shinsei Bank — Series A
- Nippon Venture Capital (https://capitalatlas.ai/funds/nippon-venture-capital) — Series A
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series A
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series A
- Shizuoka Capital (https://capitalatlas.ai/funds/shizuoka-capital) — Series A
- Juroku Lease (https://capitalatlas.ai/funds/juroku-lease) — Series A
- OKB Capital (https://capitalatlas.ai/funds/okb-capital) — Series A
- K4 Ventures (https://capitalatlas.ai/funds/k4-ventures) — Series B