C3Nano raises funds to continue pushing nanowire

Business news |
By Peter Clarke

Long-time display technology startup C3Nano Inc. (Hayward, Calif.) has raised $35 million in growth capital as a mix of equity and debt.

The company, founded in 2010 as a spinout from Stanford University, has been developing replacement materials for indium tin oxide. The equity financing was led by Element Solutions Inc., a supplier of specialty chemicals company. The debt financing was provided Pius Limited LLC.

“This financing is a significant milestone for C3Nano, adding capital, resources, and a new strategic partner to accelerate and enable our efforts to commercialize our industry-leading nanowire technologies for 2023 and beyond,” said Cliff Morris, CEO of C3Nano, in a statement.

The growth capital will enable C3Nano to expand its Hayward, California-based silver nanowire synthesis and production capacity, as well as add resources to accelerate its efforts to innovate and commercialize its nanowire-based technologies.

Related links and articles:

News articles:

C3Nano improves silver nanowire ITO replacement

C3Nano says China behind Cambrios patent claims

Cambrios seeks to invalidate rival’s patent

Chinese funding supports C3Nano manufacturing move



Linked Articles