Boston – September 15, 2026 -- Nanoramic, Inc. has closed the first tranche of its Series 2 equity financing round at a pre-money valuation of $250 million, led by Catalus Capital with participation from GM Ventures and existing Series 1 investors.
Mass production shipments of Neocarbonix drive investor commitment
The capital injection arrives as Nanoramic scales mass production shipments of its Neocarbonix Slurry Precursor (NXSP), a drop-in battery manufacturing material now supplying programs with global battery manufacturers, automotive OEMs, consumer electronics firms, power tool makers, and defense contractors. Shipment volumes have grown over the past six months to meet rising customer demand, according to founder and CEO John Cooley.
NXSP enables PFAS-free batteries without new factory capex
NXSP allows manufacturers to build higher-performing cathode and anode electrodes using existing factory infrastructure, eliminating the need for capital expenditure on new production lines. The material supports up to 100% silicon content in anodes and offers PFAS-free formulations along with manufacturing solvent flexibility, addressing tightening regulatory requirements such as the European Union's REACH restrictions and anticipated PFAS bans.
Performance gains span AI infrastructure, EVs, and eVTOL applications
By maximizing active material within battery cells and lowering internal resistance, NXSP is claimed to extend runtime for AI inference workloads, reduce cost per kilowatt-hour in stationary storage, increase EV driving range with faster charging, extend eVTOL flight times and payload capacity, and boost power tool torque while shrinking battery pack size.
Catalus Capital and GM Ventures back commercial scale-up
"We are pleased to lead this round as Nanoramic meets growing customer commitments across global energy storage, automotive, and defense markets,