What is Sub-One Technology?
Sub-One Technology, operating within the advanced materials and industrial coatings sector, specializes in high-performance ultra-hard metal coating services. Leveraging innovative 3D DLC coating technology and proprietary Hollow Cathode processes, the company offers solutions like the Emperion deposition system. These products deliver durable, dry lubrication that enhances performance and reliability across various substrates. Sub-One Technology primarily serves end manufacturers, with a notable focus on the firearms industry, necessitating FFL compliance for its coating services. Founded in 2013, the company is dedicated to advancing durability standards and leading the DLC coating service industry.
How much funding has Sub-One Technology raised?
Sub-One Technology has raised a total of $34.8M across 4 funding rounds:
Series A
$801K
Series B
$7M
Series C
$24M
Series D
$3M
Series A (2005): $801K, investors not publicly disclosed
Series B (2006): $7M led by Chevron, ITI Energy, and Advanced Technology Ventures
Series C (2008): $24M supported by Advanced Technology Ventures, GE Energy Financial Services, Nomura International, and Chevron
Series D (2013): $3M, investors not publicly disclosed
Key Investors in Sub-One Technology
Chevron
Chevron Corporation is a global energy and chemicals company involved in integrated operations. Their involvement suggests a strategic interest in advanced materials that could support energy infrastructure or industrial applications.
Advanced Technology Ventures
Advanced Technology Ventures (ATV) is a venture capital firm with a long history of investing in emerging-growth technology ventures. Their participation indicates a belief in Sub-One Technology's innovative solutions and market potential.
GE Energy Financial Services
GE Energy Financial Services, part of General Electric, invests in energy and infrastructure projects. Their backing suggests Sub-One Technology's solutions may have applications within the energy sector or advanced manufacturing.
What's next for Sub-One Technology?
The recent major strategic investment indicates a pivotal phase for Sub-One Technology, likely aimed at scaling production capabilities, expanding market reach, and further developing its proprietary coating technologies. The substantial total funding amount suggests a mature enterprise-level operation poised for significant growth. Future strategic initiatives may involve deeper integration with key industrial partners, exploring new applications for their advanced coating solutions, and potentially pursuing further capital infusions to support global expansion or research and development into next-generation deposition systems. The company's focus on enhancing performance and reliability positions it well for continued success in demanding industrial sectors.
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