Key Takeaways
- • NanoTech Materials closed a $29.4 million Series A funding round led by HPI Real Estate & Investments, with participation from Goose Capital and Milliken & Company, bringing total capital raised to $34.4 million.
- • The company operates a 43,000-square-foot manufacturing facility in Katy, Texas and develops high-performance coatings powered by proprietary Insulative Ceramic Particle (ICP) technology designed to reduce heat transfer and improve fire resiliency in critical infrastructure.
- • Capital deployment will fund domestic manufacturing expansion and accelerate commercialization of three product lines: Cool Roof Coat, Wildfire Shield, and Insulative Coat: Cool Touch, targeting commercial real estate owners, industrial operators, and government infrastructure agencies.
- • NanoTech's addressable market encompasses energy efficiency and fire mitigation for building and infrastructure assets, with CEO Mike Francis positioning the raise as enabling rapid production scaling and faster market penetration.
Summary
NanoTech Materials, a Houston-based advanced materials company, has secured $29.4 million in Series A funding to scale production and accelerate commercialization of energy-efficient and fire-resilient infrastructure solutions. The round was led by HPI Real Estate & Investments, with strategic participation from Goose Capital and Milliken & Company. This raise brings the company's total capital to date to $34.4 million.
The company specializes in high-performance coatings engineered through proprietary Insulative Ceramic Particle (ICP) technology, which functions to reduce heat transfer in buildings and outdoor infrastructure while maintaining structural durability. NanoTech currently operates a 43,000-square-foot manufacturing facility in Katy, Texas, and markets three primary product lines: Cool Roof Coat, Wildfire Shield, and Insulative Coat: Cool Touch. These solutions target commercial real estate owners, industrial operators, and government infrastructure agencies seeking to reduce operating costs and enhance asset resilience against extreme heat and weather exposure.
According to CEO and co-founder Mike Francis, the financing enables the company to rapidly scale production capacity and bring its materials to market faster while delivering measurable cost savings. The capital will be deployed toward expanding domestic manufacturing capabilities and deepening market reach among infrastructure owners who are actively requesting NanoTech's solutions. The company positions itself at the intersection of two critical infrastructure challenges: controlling operational energy costs and hardening assets against extreme weather and climate-related stress.
The company specializes in high-performance coatings engineered through proprietary Insulative Ceramic Particle (ICP) technology, which functions to reduce heat transfer in buildings and outdoor infrastructure while maintaining structural durability. NanoTech currently operates a 43,000-square-foot manufacturing facility in Katy, Texas, and markets three primary product lines: Cool Roof Coat, Wildfire Shield, and Insulative Coat: Cool Touch. These solutions target commercial real estate owners, industrial operators, and government infrastructure agencies seeking to reduce operating costs and enhance asset resilience against extreme heat and weather exposure.
According to CEO and co-founder Mike Francis, the financing enables the company to rapidly scale production capacity and bring its materials to market faster while delivering measurable cost savings. The capital will be deployed toward expanding domestic manufacturing capabilities and deepening market reach among infrastructure owners who are actively requesting NanoTech's solutions. The company positions itself at the intersection of two critical infrastructure challenges: controlling operational energy costs and hardening assets against extreme weather and climate-related stress.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.