# The NanoSteel Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-nanosteel-company

- Industry: Materials
- Headquarters: Providence, US
- Website: www.nanosteelco.com
- Total disclosed funding: $11M
- Latest round: Series C (Aug 6, 2012)
- Investors on record: 5

## About

The NanoSteel Company, Inc. specializes in advanced metallurgical solutions, producing high-performance steel and alloy materials for critical industries such as defense, automotive, and aerospace.Founded in 2002 and headquartered in Providence, US, The NanoSteel Company, Inc. focuses on producing high-strength steel and innovative alloys. The company has raised a total of USD 15.00 mn, with its most recent funding round occurring on February 13, 2017, led by General Motors Ventures along with Lear Corporation and SPDG. The founder's previous history is not publicly documented. Nano-Steel-Co specializes in advanced metallurgical solutions, focusing primarily on high-performance steel and alloy materials. These products cater to industries such as defense, automotive, and aerospace, where material durability is essential. The company’s offerings include high-strength steels and shape memory alloys (SMAs), designed for applications including armored vehicles and aircraft.Nano-Steel-Co generates revenue through a B2B model, engaging directly with clients in diverse sectors such as defense and manufacturing. Sales transactions generally involve contracts for bulk supplies of specialized steel and alloy products, priced based on specifications and volume. The company may also utilize subscription-based agreements to maintain continuous material supply for clients.The NanoSteel Company, Inc. plans to leverage its recent funding of USD 15.00 mn raised in February 2017 to develop new metallurgical products and expand its market presence. The company aims to target new geographic regions, particularly in Europe and Asia, within the next two years, enhancing its reach in critical industry sectors. The funding will support the design and launch of innovative products to meet the evolving needs of clients.

## Funding rounds

- Series C, Aug 6, 2012 — EnerTech Capital, Fairhaven Capital, General Motors Ventures
- Series B, Aug 2, 2009, $8M — EnerTech Capital, Chrysalix
- Series A, Jul 7, 2008, $3.3M — EnerTech Capital, Cycad Group

## Investors

- EnerTech Capital (https://capitalatlas.ai/funds/enertech-capital) — Series A, Series B, Series C
- Cycad Group (https://capitalatlas.ai/funds/cycad-group) — Series A
- Chrysalix (https://capitalatlas.ai/funds/chrysalix) — Series B
- Fairhaven Capital (https://capitalatlas.ai/funds/fairhaven-capital) — Series C
- General Motors Ventures (https://capitalatlas.ai/funds/general-motors-ventures) — Series C