# Nanogen

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nanogen

- Industry: Biotechnology
- Headquarters: San Diego, US
- Website: www.nanogen.com
- Total disclosed funding: $26M
- Latest round: Series C (Mar 4, 1997)
- Investors on record: 12

## About

Nanogen is a specialized provider of hair thickening solutions, leveraging over 20 years of industry expertise to deliver innovative products that address hair thinning and loss, enhancing confidence and beauty.Founded by Zhyar Sarkaw, Nanogen is headquartered in San Diego, US, and specializes in developing hair thickening solutions. The company has undergone strategic pivots, focusing on its core offerings while receiving significant investments from various prominent venture capitalists. Notably, the latest funding round was a Series C, raising USD 26.20 mn, led by Integral Capital Partners, contributing to a total amount raised of USD 26.20 mn. Previously, InterWest Partners divested his stake in the company, though financial terms were undisclosed.Nanogen specializes in hair thickening products and solutions, rooted in over 20 years of industry expertise. Their core offerings include a range of hair fibres, growth serums, shampoos, conditioners, and fibre locking sprays, designed for individuals experiencing hair thinning or loss. These products utilize patented Kinetic™ technology to enhance the binding of hair fibres, thereby providing customers with fuller and thicker hair. The customer base primarily consists of consumers in the United Kingdom and international markets, particularly Europe, marketed through online channels and retail partnerships.Nanogen operates primarily through a direct-to-consumer sales model, complemented by partnerships with retailers and wholesalers. Customers can purchase individual products, with flagship items priced at approximately GBP 9.95 for conditioners and GBP 14.95 for the root boost thickening spray. Subscription models are also offered for recurring purchases at a discount, fostering customer loyalty and enhancing revenue predictability, appealing to those desiring both immediate solutions and ongoing maintenance of their hair health.Nanogen is actively developing new product lines aimed at expanding their offerings in the hair health segment. The company plans to penetrate additional markets in Europe and Asia by mid-2024, leveraging insights from recent funding. The USD 26.20 mn raised in the Series C funding will primarily support product development and market expansion initiatives, enhancing operational capabilities and outreach efforts.

## Funding rounds

- Series C, Mar 4, 1997, $26M — Enterprise Partners Venture Capital, InterWest Partners, Kleiner Perkins, Sprout Group, Integral Capital Partners, Vulcan, American International Group, Inc., Oracle Corporation, MDS Inc, Techno-Venture Co. Ltd, Elan Corporation, Invesco Asset Management

## Investors

- Enterprise Partners Venture Capital (https://capitalatlas.ai/funds/enterprise-partners-venture-capital) — Series C
- InterWest Partners (https://capitalatlas.ai/funds/interwest-partners) — Series C
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series C
- Sprout Group (https://capitalatlas.ai/funds/sprout-group) — Series C
- Integral Capital Partners (https://capitalatlas.ai/funds/integral-capital-partners) — Series C
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Series C
- American International Group, Inc. — Series C
- Oracle Corporation — Series C
- MDS Inc — Series C
- Techno-Venture Co. Ltd — Series C
- Elan Corporation — Series C
- Invesco Asset Management — Series C