What is CHASM?
CHASM operates at the intersection of material science and industrial manufacturing, specializing in the production of carbon nanotechnology hybrid materials. By providing a viable, high-performance alternative to ITO, the company enables the design of transparent, conductive, and flexible printed circuits. Their product suite, which includes transparent heaters, advanced antennas, and low-carbon cement additives, is engineered to address critical global challenges such as carbon emissions and resource efficiency. Through strategic collaborations with global manufacturers, CHASM is effectively positioning itself as a key enabler of next-generation technology, facilitating the transition toward more sustainable and efficient industrial processes.
How much funding has CHASM raised?
CHASM has raised a total of $26M across 2 funding rounds:
Series A
$11M
Series C
$15M
Series A (2018): $11M with participation from NXT Ventures and WAVE Equity Partners
Series C (2021): $15M led by SWM International, WAVE Equity Partners, and Birla Carbon
Key Investors in CHASM
WAVE Equity Partners
A growth equity firm specializing in ESG impact investing, focusing on sustainable and clean energy enterprises that transform incumbent industries.
Birla Carbon
A global leader in the manufacturing and supply of carbon black, providing deep industrial expertise and international market reach.
NXT Ventures
A financial services provider focused on structured financing and asset management for the middle market, offering institutional-grade capital solutions.
What's next for CHASM?
With the recent infusion of capital, CHASM is well-positioned to deepen its penetration into the automotive and consumer electronics markets. The company's strategic roadmap likely involves scaling its proprietary manufacturing processes to meet the increasing demand for flexible, conductive materials that support the electrification of vehicles and the miniaturization of electronic components. Furthermore, by leveraging its ESG-aligned investor base, CHASM is expected to continue its focus on decarbonization initiatives, potentially expanding its footprint in the green construction sector. As the company matures, the focus will likely shift toward optimizing supply chain resilience and securing long-term partnerships with tier-one manufacturers to solidify its market leadership in the nanotechnology space.
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