# Nitride Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nitride-solutions

- Industry: Materials
- Headquarters: Wichita, US
- Website: www.nitridesolutions.com
- Total disclosed funding: $1.8M
- Latest round: Series B (Oct 8, 2013)
- Investors on record: 7

## About

Nitride Solutions Inc. specializes in advanced materials, focusing on Aluminum Nitride (AlN) and Aluminum Oxynitride (AlON) technologies to enhance efficiency in various electronic applications.Founded in 2009, Nitride Solutions Inc. is headquartered in Wichita, US. The company specializes in advanced materials targeted towards enhancing electronic applications. Jeremy Jones is the CEO and one of the founders, having previously been involved in other ventures. The company has completed 6 deals, with the most recent in April 2017, raising USD 2.75 mn in funding led by Nelnet, along with D&K Group, Inc. and Leawood Venture Capital. The total amount raised by the company is USD 2.75 mn.Nitride Solutions Inc. focuses on advanced materials, primarily Aluminum Nitride (AlN) and Aluminum Oxynitride (AlON) technologies. Their proprietary manufacturing processes yield products that improve UV-C LED manufacturing yield, enable high-density packaging with superior thermal management, and reduce downtime and costs in semiconductor manufacturing. The company caters to industries such as telecommunications, energy, and environmental technologies, providing solutions for power transmission, high-speed communications, and systems ensuring safe water and air, marketed across North America, Europe, and Asia.Nitride Solutions Inc. operates on a B2B model, engaging clients through direct partnerships and collaborations with electronics manufacturers. Their revenue structure is based on customized contracts for the delivery of aluminum nitride materials, facilitating tailored solutions for advanced electronics. Revenue is derived from contracts that may involve bulk orders or long-term supply agreements, with flagship products like AlN and AlON priced according to the complexities of individual applications. This framework fosters consistent revenue streams and long-lasting industry partnerships.With the recent funding of USD 2.75 mn raised in April 2017, Nitride Solutions Inc. aims to expand its product offerings and enter new markets. The company plans to design and launch new technologies targeting advanced electronics applications. They are looking to penetrate additional geographic regions, including Europe and Asia, by the end of the next fiscal year, enhancing their market reach and customer base. The funding will support these initiatives, enabling the company to scale operations and develop innovative materials to meet growing industry demands.

## Funding rounds

- Series B, Oct 8, 2013, $1.8M — Sheltowee Angel Network, Nebraska Angels, Midwest Venture Alliance, Mid-America Angels, Aurora UV Inc., SeedStep Angels, OAKIC

## Investors

- Sheltowee Angel Network (https://capitalatlas.ai/funds/sheltowee-angel-network) — Series B
- Nebraska Angels — Series B
- Midwest Venture Alliance — Series B
- Mid-America Angels — Series B
- Aurora UV Inc. — Series B
- SeedStep Angels — Series B
- OAKIC — Series B