What is NuMat Technologies?
NuMat Technologies specializes in designing advanced chemistries for the effective capture and separation of hazardous substances. Their product lines, including SENTINEL and ION-X, offer sophisticated decontamination, chemical filtration, and delivery systems tailored for industries operating in extreme environments and those focused on industrial decarbonization. The company is committed to fostering sustainable chemical enterprises and advancing chemistry solutions for mission-critical applications, leveraging digital technologies and metal-organic frameworks to enhance industrial efficiency and safeguard human health and the environment.
How much funding has NuMat Technologies raised?
NuMat Technologies has raised a total of $22.6M across 4 funding rounds:
Angel/Seed
$2M
Private Equity
$7M
Debt
$1.2M
Unspecified
$12.4M
Angel/Seed (2013): $2M with participation from Owl Investment
Private Equity (2015): $7M, investors not publicly disclosed
Debt (2017): $1.2M, investors not publicly disclosed
Unspecified (2018): $12.4M featuring Osage University Partners, OS Fund, and Tin Shed Ventures
Key Investors in NuMat Technologies
Osage University Partners
Osage University Partners is a venture capital firm focused on early-stage B2B software companies, particularly those involved in the future of work and education. They invest in post-revenue businesses with a strong entrepreneurial team and significant growth potential.
OS Fund
OS Fund invests in entrepreneurs commercializing breakthrough discoveries in fields like genomics, synthetic biology, and advanced materials, aiming to create a better future for humanity through visionary innovation.
Tin Shed Ventures
Tin Shed Ventures, Patagonia's corporate venture capital arm, invests in startups developing scalable solutions for climate change, focusing on innovations that reduce environmental impact across land, water, air, and biodiversity.
What's next for NuMat Technologies?
With a recent major strategic investment and a history of significant capital raises, NuMat Technologies is poised to accelerate its development and market penetration. The company's focus on critical areas such as industrial decarbonization and advanced decontamination solutions suggests a strategic expansion into markets demanding high-performance chemical technologies. Future endeavors will likely involve scaling production, further research into novel metal-organic frameworks, and forging deeper partnerships to address complex environmental and industrial challenges.
See full NuMat Technologies company page
