NanoCrete, an innovative company specializing in carbon nanotechnology, has successfully completed its pre-seed funding round, securing $400,000. This significant achievement underscores NanoCrete's potential to revolutionize multiple industries with its advanced graphene-enhanced products.
Investor interest in NanoCrete was exceptionally high, with the total demand for equity surpassing availability. This strong investor confidence highlights the groundbreaking nature of NanoCrete's technology and its potential to transform industrial applications, particularly in the concrete industry. NanoCrete's flagship product, NanoJelly, has demonstrated impressive results in field testing, reducing concrete pumping pressures by up to 40% and minimizing shotcrete rebound waste by up to 35%, thereby contributing to reduced carbon emissions.
"We are deeply grateful for the unwavering support and trust from our investors and partners. This funding will enable us to scale our operations, enhance our product portfolio, and expand our market presence.
stated Shaun Lane, Founder and President of NanoCrete.
NanoCrete has recently achieved several significant milestones, including:
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ASTM C494 Testing: 28-day data indicates substantial improvements in the viscosity and abrasion resistance of NanoJelly-enhanced concrete, along with increased flexural and compressive strength.
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Manufacturing Expansion: Increasing production capacity from 20 units per day to over 300 units per day to meet growing demand.
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Patent Advancements: Transitioning patents from provisional to full status to ensure comprehensive intellectual property protection.
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Website and SEO Enhancements: Overhauling the website to improve user experience and boost SEO, driving increased traffic and engagement.
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Distributor Discussions: Initiating talks with a major distributor for NanoJelly, potentially leading to consistent, high-volume orders.
Additionally, NanoCrete has launched a new product, X15, which contains a higher concentration of graphene solids compared to NanoJelly. This positions NanoCrete as a leader in the graphene industry, offering superior products for various sectors, including paints, coatings, polymers, and batteries. X15 also provides universities worldwide with safe and stable graphene for their research programs.
For more information about NanoCrete and its innovative products, please contact Founder and President Shaun Lane.
About NanoCrete:
NanoCrete is at the forefront of applied carbon nanotechnology, developing products that deliver exceptional performance, efficiency, cost savings, and environmental benefits. With groundbreaking technology and versatile applications across numerous industries, NanoCrete is committed to advancing advanced materials to create cost-effective solutions that meet the evolving needs of concrete construction and industrial manufacturing in the 21st century.
About Founder Institute:
The Founder Institute is the world's largest pre-seed startup accelerator, dedicated to helping aspiring entrepreneurs launch successful companies. With a presence in over 180 cities worldwide, the Founder Institute has guided thousands of startups from the idea stage to funding and beyond. Our graduates, including NanoCrete, exemplify the transformative impact of our rigorous, hands-on programs and global network of mentors and investors.
Graduates of the Founder Institute are creating some of the world's fastest growing startups, having raised over $1.85BN in funding, and building products people love across over 200 cities worldwide.
See the most recent news from our Grads at FI.co/news, or learn more about their stories at FI.co/graduates.
