# Polnox Corporation

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

- Industry: Chemicals
- Headquarters: Lowell, US
- Website: www.polnox.com
- Total disclosed funding: $2M
- Latest round: Series B (Mar 17, 2006)
- Investors on record: 2

## About

Polnox Corporation is a specialized firm focused on the design and development of advanced industrial additives to enhance product performance and durability across various sectors.Founded in 2004 in Lowell, US, Polnox Corporation develops advanced industrial additives. It raised USD 2 million in Series B funding on March 17, 2006, from investors including Converge Venture Partners and Navigator Technology Ventures. The company's current valuation stands at USD 3.263 mn.Polnox specializes in the design and development of advanced industrial additives, particularly its proprietary DT-mPM™ Antioxidants and eco-friendly McIn™ Corrosion Inhibitors. These products enhance the performance and longevity of consumer products and materials across multiple industries. The DT-mPM™ Technology focuses on extending the service life of lubricants, fuels, plastics, and wire and cable applications, addressing oxidative degradation and corrosion issues. Polnox's clientele includes manufacturers in North America, Europe, and parts of Asia, where the demand for innovative material solutions is high.Polnox generates revenue through B2B transactions with manufacturers who rely on their specialized additives to improve product quality and durability. The business model primarily involves direct sales of flagship products, including DT-mPM™ Antioxidants and McIn™ Corrosion Inhibitors, to industrial clients. Pricing is structured around volume-based agreements tailored to meet client needs in sectors such as automotive, aerospace, and consumer goods, facilitating ongoing partnerships and scalability in supply as market demand fluctuates.Polnox Corporation plans to leverage its recent Series B funding of USD 2 million raised in March 2006 to support the development of new products aimed at enhancing its existing range of additives. The company aims to expand into new geographic markets in Europe and Asia by 2025, targeting regions with increasing demand for advanced material solutions. This growth strategy will utilize the funding to bolster research and development efforts and to establish a stronger presence in these emerging markets.

## Funding rounds

- Series B, Mar 17, 2006, $2M — Navigator Technology Ventures, Converge Venture Partners

## Investors

- Navigator Technology Ventures (https://capitalatlas.ai/funds/navigator-technology-ventures) — Series B
- Converge Venture Partners (https://capitalatlas.ai/funds/converge-venture-partners) — Series B