# NxLite

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

- Industry: Materials
- Headquarters: Canton, US
- Website: www.nxlite.com/
- Total disclosed funding: $17M
- Latest round: Series A (Feb 28, 2026)
- Investors on record: 12

## About

Based in Canada, 3E Nano Inc. is a developer of advanced energy-efficient coatings for glass and polymers, enhancing solar and energy control in various applications.Founded in 2015 and headquartered in Toronto, Canada, 3E Nano Inc. focuses on the production of cutting-edge coatings for energy efficiency. The firm was co-founded by Daniel Shea and Dr. Nazir Kherani and is led by David Mather as CEO as of July 2026. 3E Nano Inc. specializes in the development and manufacturing of energy-efficient coatings for glass and polymers, utilizing advanced technologies to enhance solar and energy control. Their flagship product, NxLite™, is designed to improve durability and significantly reduce energy consumption across various sectors. Key applications include automotive, recreational vehicles, construction equipment, and home windows. NxLite's coatings are formulated from environmentally friendly materials, making them suitable for a wide range of industries, including commercial vehicles and manufactured homes, with a client base spanning North America, Europe, and Asia.3E Nano Inc. generates revenue through direct sales of its proprietary NxLite™ coating products and partnerships with manufacturers across related industries. The company primarily operates on a B2B model, where clients integrate these coatings into their products or construction projects. Revenue may also stem from bulk purchasing agreements and potentially subscription-based services for ongoing supply or support in product development, with pricing structured to meet the diverse needs of various sectors and their sustainability objectives. In July 2026, NxLite Inc. raised USD 13.1 million in series A funding led by Crabtree Lane Alt, with participation from Earth Foundry, MUUS, New Climate Ventures, ACT Venture Partners and VoLo Earth Ventures. The company plans to use the July 2026 funding to expand production capacity at its Advanced Innovation & Manufacturing Center in Canton, Michigan.

## Funding rounds

- Series A, Feb 28, 2026, $3.6M — MUUS, Earth Foundry, ACT Venture Partners, VoLo Earth Ventures, New Climate Ventures, Crabtree Lane Alt
- Series A, Sep 29, 2025, $9.5M — MUUS, Earth Foundry, ACT Venture Partners, New Climate Ventures, Crabtree Lane Alt
- Seed, Mar 28, 2023, $4M — Vector Capital, MUUS, Earth Foundry, ACT Venture Partners, VertueLab, Creative Ventures, New Climate Ventures, Golden Properties, LLC, UCeed Haskayne Student Fund, Climate Capital

## Investors

- Vector Capital (https://capitalatlas.ai/funds/vector-capital) — Seed
- MUUS (https://capitalatlas.ai/funds/muus) — Seed, Series A
- Earth Foundry (https://capitalatlas.ai/funds/earth-foundry) — Seed, Series A
- ACT Venture Partners (https://capitalatlas.ai/funds/act-venture-partners) — Seed, Series A
- VertueLab (https://capitalatlas.ai/funds/vertuelab) — Seed
- Creative Ventures (https://capitalatlas.ai/funds/creative-ventures) — Seed
- New Climate Ventures (https://capitalatlas.ai/funds/new-climate-ventures) — Seed, Series A
- Golden Properties, LLC — Seed
- UCeed Haskayne Student Fund (https://capitalatlas.ai/funds/uceed-haskayne-student-fund) — Seed
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Seed
- Crabtree Lane Alt — Series A
- VoLo Earth Ventures (https://capitalatlas.ai/funds/volo-earth-ventures) — Series A