NxLite (Formerly 3E Nano Inc)
Nano-Thin Energy and Solar Control Coatings, Industry Leading Window Thermal Management
Nano-Thin Energy and Solar Control Coatings, Industry Leading Window Thermal Management
NxLite (Formerly 3E Nano Inc) is a Canadian startup aiming to revolutionize the renewable energy industry with its innovative nano-thin energy and solar control coatings. Founded in November 2015, the company brings together a team of experienced entrepreneurs with diverse backgrounds in solar energy and nano-technology. NxLite's mission is to manufacture a nano-technology coating capable of reducing greenhouse gases by 1 giga tonne per year by 2050 when deployed in the market.
The company has achieved significant milestones by developing and commercializing high-performance thermally and optically smart coatings. Collaborating with industry-leading players, NxLite has secured substantial financial support from Sustainable Development Technology Canada, Ontario Centres of Excellence, and Bioindustrial Innovation Canada.
In March 2023, NxLite closed a notable $4.00M Seed Round investment with backing from a group of prominent investors including Creative Ventures, VertueLab, MUUS Climate Partners, New Climate Ventures, Earth Foundry, ACT Venture Partners, and Vectors Angel.
With its pioneering technologies and powerful partnerships, NxLite is poised to make a significant impact on the renewable energy landscape.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $4.00M | 7 |
|
28 Mar 2023 |
| Grant | $5.00M | 1 |
|
17 Feb 2023 |
| Seed Round | $26.75M | 2 |
|
08 Feb 2022 |
| Seed Round | Unknown | - | 25 Jan 2021 | |
| Grant | $2.70M | - | 08 Aug 2017 |
No recent news or press coverage available for NxLite (Formerly 3E Nano Inc).
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