# Powall

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

- Industry: Materials
- Headquarters: Delft, Netherlands
- Website: www.powall.com
- Total disclosed funding: $12M
- Latest round: Series A (Oct 6, 2021)
- Investors on record: 2

## About

Delft IMP B.V., trading under the name Powall, specializes in nanotechnology, focusing on the development and production of advanced nanocoated powders aimed at enhancing the efficiency of energy storage in batteries and fuel cells.Founded in 2014 by Ruud Van Ommen, Delft IMP B.V., trading under the name Powall, is headquartered in Delft, Netherlands. The company focuses on producing high-performance nanocoated powders. In October 2021, Delft IMP B.V. raised EUR 10 million in Series A funding from investors Project Sandwater and Invest-NL, marking its first major investment round. This funding aims to support the company's initiatives for scaling its nanocoating processes.Delft IMP B.V. specializes in the development and production of high-performance nanocoated powders specifically designed for applications in batteries, fuel cells, and electrolysers. Their core offering includes unique gas-phase deposition technologies that allow for ultra-thin nanocoatings on powder materials, which enhance functionalities and sustainability by reducing reliance on critical raw materials. This technology improves the performance of energy transition materials while lowering production costs, catering to manufacturers and research institutions across Europe, North America, and Asia.Delft IMP B.V.'s revenue model is primarily based on B2B transactions. The company collaborates with industry partners to provide customized coated powders, involving research and development services such as feasibility studies and pilot plant production, leading to contracts for full-scale industrial production. Pricing structures are tailored to meet individual client needs, fostering long-term partnerships in high-demand sectors.Following the EUR 10 million Series A funding raised in October 2021, Delft IMP B.V. plans to accelerate its nanocoating processes to industrial-scale, enabling the production of more durable batteries and other sustainable applications. The company is also exploring expansion into new markets, particularly focusing on increasing its presence in North America and Asia by 2023 to meet the rising demand for advanced energy materials.

## Funding rounds

- Series A, Oct 6, 2021, $12M — Invest-NL, Project Sandwater

## Investors

- Invest-NL — Series A
- Project Sandwater (https://capitalatlas.ai/funds/project-sandwater) — Series A