C3Nano, Electronic Materials and Nanowire Technology Pioneer, Secures $35 Million in Growth Capital Financing

Growth investment, led by Element Solutions, accelerates the commercialization and expansion of C3Nano’s novel electronic materials

C3Nano, the performance leader and innovator of nanowire-based technologies for transparent conductors, announced the successful completion of a $35 million growth capital financing, comprised of equity and debt. The equity financing was led by Element Solutions , a leading specialty chemicals company whose business supplies a broad range of solutions that enhance the performance of products people use every day, including consumer electronics, power electronics, semiconductor fabrication, communication and data storage infrastructure, and automotive systems. New debt financing was provided by insured technology financing pioneer, PIUS Limited, LLC.

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“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, president and chief executive officer of C3Nano.

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.

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“C3Nano has built an exceptional electronic materials platform underpinned by proven, ground-breaking technologies, based on PIUS’ initial and re-evaluation of its intellectual property,” said Joe Agiato, founder and chief executive officer of PIUS. “We are excited to continue our partnership as a capital solution provider that positions C3Nano to continue its significant growth in the years ahead.”

This capital raise follows others from world class strategic investors such as Nitto Denko, Hitachi Chemical, Lens Technology, and Nissha. The investment will enable C3Nano to continue driving growth amid increasing adoption of silver nanowire-based technologies in consumer electronics, automotive applications, life sciences, and cleantech.

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