BNNano Lauches Series A Funding
Accelerating the Commercialization of Their Boron Nitride NanoBarb Technology into Industrial Markets.
BNNano to Launch Series A Funding, a leading global supplier of enhanced Boron Nitride Nanotubes (NanoBarbs™) and a Strategic Partner of Ruhl is ready to go big with their disruptive material that boasts exceptional characteristics in mechanical strength, electrical conductivity, hydrophobic properties and thermal conductivity. The science-based engineering company has been trending positively since filing a patent for its NanoBarb product, and it is poised for an impactful market entry.
After strategically using Seed Money to commercialize and scale initial operations, BNNano is ready to take the next step, offering a Series A funding, to drive market adoption and increase the use of BNNano’s novel NanoBarb-based Boron Nitride Nanotube as a disruptive additive in technology-based production applications.
The difference maker: BNNano’s NanoBarb. A patented rough-service configuration is built into the outer circumference of BNNano’s nanotube. And a little roughness makes a big difference. The rough outer service of NanoBarbs resemble that of rock-candy. And the chemical phenomenon that results from BNNano’s nanotube with NanoBarbs prevents this additive from coagulating and exponentially increases the performance of the host material. And BNNano’s proprietary production of its nanotubes with NanoBarbs allows it to be manufactured at scale. This is key to evolving a sought-after idea and concept into reality that is ready to happen in front of our eyes – if we only could see it!
Taking notice, even if hard to see: Being able to scale is one thing, but having a product worth scaling is another, and that is what’s happening with BNNano. Word is getting out — from partnerships to accolades – about their novel products that can be produced and delivered low-cost, at high volume, and in a variety of forms. What was once technology-desired is now technology-possible.
Product Development: After developing the NanoBarb, in 2019 BNNano took the extra step to make enhanced aluminum alloys by adding NanoBarb crystals to aluminum, creating a patented NanoBarb Aluminum Master Alloy, which leverages the unique morphology of the NanoBarb to greatly enhance the mechanical performance of the base material.
Product Development: BNNano has since created a proprietary Copper Master Alloy that greatly enhances the thermal conductivity of the base material.
Industry Recognition: BNNano was awarded Platinum designation on the 2020 Pepperdine Graziadio Business School’s 20 Most Fundable Companies® list. BNNano competed against over 4,500 early-stage U.S. startups spanning all 50 states, landing at the top of the list of twenty finalists. The initiative is designed to educate founders on the investor diligence process and recognize exceptional entrepreneurs who are solving today’s problems with inventive solutions. BNNano was identified as a company worthy of “serious investor consideration based on several company variables including financial projections, market opportunity, intellectual property, competitive advantage, and management-team expertise.” and was featured in the December 2020 issue of Entrepreneur Magazine.
Industry Recognition: BNNano was designated as a 2020 TechConnect Defense Innovation Awardee for its submission regarding aluminum, enhanced to the strength of steel by Boron Nitride NanoBarbs. The awards are recognized based on the potential positive impact the submitted technology will have for the warfighter and national security.
Industry Recognition: BNNano entered into a Cooperative Research and Development Agreement (CRADA) with US Naval Postgraduate School in 2020. NPS cites Boron Nitride NanoBarbs™ as a revolutionary nanomaterial with exceptional physical and chemical properties, provides defense-focused graduate education to advance the operational effectiveness, technological leadership, and warfighting advantage of the Naval service. Both parties to the agreement are encouraged by the numerous potential commercial and defense applications that are likely to result.
How Series A Funding will Drive BNNano Growth: Big things are in store for BNNano. This Series A Funding opportunity will be essential to accelerating the Commercialization of Their Boron Nitride NanoBarb Technology into Industrial Markets, including the proliferation of specialty aluminum and copper alloys, as well as an additive for composites. In addition, this funding will be critical to further developing and solidifying applications and addressing opportunities in other multi-billion dollar verticals, including water purification, green energy, and fire prevention. A structured growth plan is in place that will allocate and prioritize funding in the areas of Product Development, Intellectual Property, and Research & Development.
Net Capital, a leading investment platform that allows individuals to participate along with institutional investors. https://netcapital.com/companies/bnnano will supporting BNNano to Launch their Series A Funding round.
Investing in viable Opportunities: Ruhl Strategic Partners recognizes a firm’s production-related competitive advantages and invests market capital to enable growth for advanced materials and technology companies. Ruhl saw exactly this potential for BNNano and has played a significant role in bringing together the technology of BNNano with opportunity through market expansion and product innovation. Ruhl’s Market Entry and Growth Solution helps augment the market experience and industry knowledge of its clients to positively shape market demand and design optimal commercialization strategies. Utilizing a proven approach to sustain business growth, Ruhl works from project initiation through commercial execution, oftentimes offering an expanded relationship with Strategic Investment by providing additional capital as an investor to evolve business relationships from “client” to a “vested partner”. To learn more about the many ways your business can work with Ruhl to stimulate product innovation and capitalize on market expansion, please contact us.