Advanced Materials for Next Generation Energy, Electronics and Healthcare
Amount Raised
$2,135,000
Investors
32
Regulation D Offering
Mr. Vejins brings over 20-years of international general management experience with a successful track record in building new businesses, repositioning, and turning around underperforming companies.
Prior to joining Nano-C as CEO in 2005, Mr. Vejins assisted two early stage materials start-ups in strategy, market development, implementation planning, business valuation and fund raising. One went on to be venture...
Expand BioMr. Vejins brings over 20-years of international general management experience with a successful track record in building new businesses, repositioning, and turning around underperforming companies.
Prior to joining Nano-C as CEO in 2005, Mr. Vejins assisted two early stage materials start-ups in strategy, market development, implementation planning, business valuation and fund raising. One went on to be venture funded and is currently in commercialization. The other, having also been successfully venture financed, ceased operations several years later. From 1996 to 2004, Mr. Vejins was the General Manager of an advanced materials start-up funded by Cabot Corporation. Mr. Vejins was recruited to Nano-C by Jack Curtin, an early Nano-C Board Member and former President, Chairman, and CEO of Aearo Corporation, Executive Vice President and Chief Financial Officer and Director of Cabot Corporation. While at Cabot, Mr. Vejins oversaw the development and construction of a new-to-the-world manufacturing operation in Malaysia, managed a global technical and business development team and commercialized new business with key accounts in automotive, military, aerospace and rail applications. His business had a successful exit to Michelin, having generated millions in shareholder value for Cabot. While at Cabot he was a member of its key account team, which negotiated complex multi-facility, multi-year and multi-million-dollar supply agreements with Michelin, Goodyear and Bridgestone.
Prior to joining Cabot, he was a management consultant with Arthur D. Little, Inc. and A.T. Kearney. As a consultant, he provided guidance to senior management on issues related to strategy, product development, operations improvement and organizational development with the end goal of fundamentally improving their bottom line. His clients spanned the globe, from the US to South America, Asia, the Middle East and Europe (including one assignment in Siberia just after the collapse of the Soviet Union). Through this consulting work, he has a broad background in the chemicals, materials, pharmaceutical chemicals, medical devices and service industries and in how to work cross culturally. He holds a BS in Chemical Engineering from the University of Wisconsin-Milwaukee and a SM in Materials Science and Engineering from the Massachusetts Institute of Technology.
Since joining Nano-C in 2005, Mr. Vejins has raised over $45 million in funding from private sources including Fontinalis Partners, a venture fund focused on Mobility. He has led Nano-C’s strategy and business development, negotiated multi-year joint development and supply agreements with key accounts in the US and abroad. From starting as Nano-C’s 4th employee in 2005, he has grown it to a multi-cultural high-functioning team of 38, overseen the creation of 46 patent families (>150 patents), and grown the asset and technology base to a point it can be commercially viable and meet its 2021 revenue targets.
Collapse BioMr. Wallroth brings over 25 years of financial and general management experience successfully financing, scaling, and monetizing technology related businesses. Mr. Wallroth has raised over $300 million as CFO for multiple private and public technology companies and was directly responsible for acquiring, merging, integrating and completing the sale of numerous entities.
From 2011 to 2019, Mr. Wallroth was CEO and...
Expand BioMr. Wallroth brings over 25 years of financial and general management experience successfully financing, scaling, and monetizing technology related businesses. Mr. Wallroth has raised over $300 million as CFO for multiple private and public technology companies and was directly responsible for acquiring, merging, integrating and completing the sale of numerous entities.
From 2011 to 2019, Mr. Wallroth was CEO and CFO of Everyday Solutions, Inc., a $5 million venture-backed telematics software company that he successfully merged and integrated with its largest competitor to form Synovia Solutions, Inc. As Executive Chairman of the combined SaaS entity with an EBITA of $12 million, he completed a strategic relationship with its largest hardware vendor and was directly responsible for initiating, negotiating, and completing the cash sale of the company to CalAmp, a $400 million company which is traded on NASDAQ, for a significant multiple.
He was also Vice President, COO and CFO of Avery Dennison’s New Growth Ventures Division where he was responsible for investing $90 million annually in a diverse set of technologies including solar, alternative energy, membranes, RFID, healthcare, materials, and packaging technology. Mr. Wallroth was a Partner at Arthur D. Little, Inc. in charge of the Financial Consulting Practice, a Partner with Accenture, and a Partner of Arthur Andersen Worldwide where his focus was on strategy, finance, corporate development, and mergers and acquisitions.
Mr. Wallroth holds a Bachelor of Science degree in Electrical Engineering from The George Washington University and an MBA from Columbia University.
Collapse BioBefore joining Nano-C in 2017 as General Counsel, Mr. Twarog was in private practice for 38 years, 30 as a partner, with Mintz Levin, an Am Law 100 law firm headquartered in Boston, Massachusetts. He has served as Nano-C’s principal corporate counsel starting in 2003. Most of Stan’s professional career has focused on the representation of private companies, including several chemical companies, from formation...
Expand BioBefore joining Nano-C in 2017 as General Counsel, Mr. Twarog was in private practice for 38 years, 30 as a partner, with Mintz Levin, an Am Law 100 law firm headquartered in Boston, Massachusetts. He has served as Nano-C’s principal corporate counsel starting in 2003. Most of Stan’s professional career has focused on the representation of private companies, including several chemical companies, from formation through exit. In this capacity he helped clients assemble the basic building blocks of their businesses, including equipment and plant acquisition, product supply, executive compensation, technology transfer contracts, execute debt, angel and venture capital financings, and lead M&A transactions having values as high as $1.5 billion. With Nano-C he has continued to apply these accumulated skills and to afford the Company’s management team with the benefit of his commercial expertise and experience. Mr. Twarog is a cum laude graduate of Harvard College and Georgetown Law School.
Collapse BioDr. Richter joined Nano-C in 2001, while working with Jack B. Howard, Nano-C’s Founder, in the Department of Chemical Engineering at MIT. He leads the development of Nano-C’s combustion-based technologies for fullerenes and SWCNT, along with their purification and functionalization for use in photovoltaics and photodetectors. He was in charge of Nano-C’s joint development program with Merck KGaA over a 5-year...
Expand BioDr. Richter joined Nano-C in 2001, while working with Jack B. Howard, Nano-C’s Founder, in the Department of Chemical Engineering at MIT. He leads the development of Nano-C’s combustion-based technologies for fullerenes and SWCNT, along with their purification and functionalization for use in photovoltaics and photodetectors. He was in charge of Nano-C’s joint development program with Merck KGaA over a 5-year period, and currently leads the development program with Nantero and its partners. He leads the technical qualification of Nano-C’s patented functionalized fullerenes with the three major manufacturers of OPV and in Tandem PV applications. Dr. Richter has secured government grant funding and is co-inventor of more than 15 families of patents and patent applications.
As Vice President of R&D, Dr. Richter is responsible for the development of Nano-C’s intellectual property portfolio. He is a member of the Scientific Board of LOPE-C, the Executive Advisory Board of the Nanomanufacturing Center at the University of Massachusetts in Lowell and represents Nano-C in the Industrial Coordination Committee of the Institute for Soldier Nanotechnologies at MIT along with Dr. Sivarajan. He also represents Nano-C at Solliance, a consortium of major players in the area of thin film photovoltaics. Dr. Richter has a Doctorate from the Catholic University of Louvain (Belgium). He is fluent in French, German and English.
Collapse BioMr. Lada is responsible for all operational activities within Nano-C, including fullerene and carbon nanotube production, purification, and functionalization. Since joining Nano-C in 2002, he has been instrumental in the development of nearly all aspects of fullerene manufacturing. He is accountable to the CEO for executing Nano-C’s plant and operational expansion to support customer qualifications and commercial...
Expand BioMr. Lada is responsible for all operational activities within Nano-C, including fullerene and carbon nanotube production, purification, and functionalization. Since joining Nano-C in 2002, he has been instrumental in the development of nearly all aspects of fullerene manufacturing. He is accountable to the CEO for executing Nano-C’s plant and operational expansion to support customer qualifications and commercial sales. To date, he has overseen well over $10 million in capital expenditures, including build-out and securing key equipment. His team has driven dramatic yield (more than 50%) and productivity improvements (more than 2x) in core manufacturing operations, while ensuring the safety of Nano-C’s employees.
Mr. Lada is a key contributor to the development of novel functionalized fullerenes for applications in organic electronics and semiconductor chip manufacture, leads the development effort with Nano-C’s partner IM, and regularly engages with the major semiconductor chip manufacturers. He is co-author on a number of Nano-C’s key product and process patents. Mr. Lada is responsible for EHS compliance and oversees all aspects of Nano-C’s Quality programs. He secured Nano-C’s Pre-Manufacturing Notifications (PMN) for Nano-C’s materials from the EPA and is currently securing final environmental permits from the Commonwealth of Massachusetts. Under his direction, Nano-C will complete ISO9001 Certification in early 2020. Mr. Lada holds a MS degree in Chemical Engineering Practice from the Massachusetts Institute of Technology.
Collapse BioDr. Sivarajan has more than 20 years of experience in applications development with nanomaterials including ceramics, metals, polymer-inorganics and carbon nanomaterials. He works closely with Nano-C’s business and technology teams, and its partners/customers to develop applications that drive top line growth. In the last 10 years, he has focused on the development of industrial applications for SWCNT and has led...
Expand BioDr. Sivarajan has more than 20 years of experience in applications development with nanomaterials including ceramics, metals, polymer-inorganics and carbon nanomaterials. He works closely with Nano-C’s business and technology teams, and its partners/customers to develop applications that drive top line growth. In the last 10 years, he has focused on the development of industrial applications for SWCNT and has led joint programs with major corporations and start-ups including antenna, printable transistors, IR sensors and materials for displays. Prior to joining Nano-C, he was the Manager of the Advanced Applications Group at Nantero, Inc. where he pioneered the development of CMOS® carbon nanotube formulations and deposition methods critical for their wafer scale integration.
Dr. Sivarajan served as a research scientist at Rice University, working with Prof. Richard Smalley (winner of the chemistry Nobel Prize in 1996) with whom he co-authored several research publications and a co-inventor on a number of patents on SWCNT. He is an inventor on over 40 issued US patents and several more issued and pending applications worldwide and has successfully attracted research grants and DoD contracts over the years. He also developed advanced dielectrics on behalf of the Semiconductor Research Corporation (a consortium formed by IBM, Intel, HP and others) as a scientist at Cornell University. Dr. Sivarajan has served on the Industrial Advisory Board of the Manufacturing Engineering Department at Boston University. Along with Dr. Richter, he serves as Nano-C’s liaison to the Institute for Soldier Nanotechnologies at MIT. He holds a PhD in Materials Chemistry from the Indian Institute of Science, Bangalore.
Collapse BioMr. Bischoff has 20+ years of experience bringing advanced materials and electronics from R&D to commercialization in roles spanning operations, product management and business development. As an early employee with electronic paper display pioneer E Ink, Mr. Bischoff launched multi-million dollar products with companies Lexar Media and Motorola as well as managed engagements with companies such as Philips,...
Expand BioMr. Bischoff has 20+ years of experience bringing advanced materials and electronics from R&D to commercialization in roles spanning operations, product management and business development. As an early employee with electronic paper display pioneer E Ink, Mr. Bischoff launched multi-million dollar products with companies Lexar Media and Motorola as well as managed engagements with companies such as Philips, Sony, Nokia, Logitech, Seiko Epson, Fossil, Microsoft, Apple, RSA, Flextronics, NXP, DARPA and NASA. Beyond displays, he led product strategy and business development for MC10 (printable semiconductors), and Boston-Power (Li-ion batteries). Based on his experiences in start-ups, he has consulted with emerging technology companies in displays, photovoltaics and energy storage. He is a mentor for technology startups at Northeastern Venture Mentor Network. Mr. Bischoff holds an MBA from Boston University.
Collapse BioMs. Perez Harwood has 10 years of global industrial experience in bringing new materials and chemicals to market. She has a diverse professional background spanning commercial, operations and development roles. Prior to joining Nano-C, Ms. Perez Harwood was Business Development Manager for Merck KGaA / EMD Performance Materials covering Lighting, Photovoltaics, Display Technologies, and related materials for...
Expand BioMs. Perez Harwood has 10 years of global industrial experience in bringing new materials and chemicals to market. She has a diverse professional background spanning commercial, operations and development roles. Prior to joining Nano-C, Ms. Perez Harwood was Business Development Manager for Merck KGaA / EMD Performance Materials covering Lighting, Photovoltaics, Display Technologies, and related materials for printed electronics. She successfully built and managed relationships with customers and strategic partners with major U.S. solar and lighting manufacturers, leading U.S. technology companies and high-tech startups. With a focus on driving multi-million-dollar sales growth and market expansion, Ms. Perez Harwood led and executed commercial agreements driving diversification of Merck’s product pipeline. With her years of corporate experience, she brings a unique and valuable perspective to Nano-C, as she views negotiations through the corporate lens. Ms. Perez Harwood managed all commercial activities related to customer programs from early stage to mass production, including communications strategy, price negotiation, forecasting and demand planning. Prior to Merck, she was with Siemens Health Care Diagnostics. She also works with small local businesses as a marketing consultant to upgrade technology systems and marketing strategy. Ms. Perez Harwood holds an MBA from F.W. Olin Graduate School of Business at Babson College.
Collapse BioMs. Barton joined Nano-C in 2006 and has more than 20 years’ experience in laboratory and manufacturing operations. At Nano-C, she has worked to develop processes for scaleup of key Fullerene products and establish flexible production capabilities to address the evolving needs of customers.
Prior to Nano-C, she was the Materials Laboratory Manager at Raytheon Company (EDM Waltham), where she was responsible for...
Expand BioMs. Barton joined Nano-C in 2006 and has more than 20 years’ experience in laboratory and manufacturing operations. At Nano-C, she has worked to develop processes for scaleup of key Fullerene products and establish flexible production capabilities to address the evolving needs of customers.
Prior to Nano-C, she was the Materials Laboratory Manager at Raytheon Company (EDM Waltham), where she was responsible for chemical and nondestructive testing of a wide variety of product types such as printed wiring board and hybrid substrates, metals, adhesives, coatings, electroplating and metal finishing processes and finished products to meet military specifications. Such testing provided input for materials selection and process optimization to define the most cost-effective and reliable means of meeting design requirements for radar systems. This background has provided her with the basis for the development of the Quality Management System at Nano-C. Ms. Barton is leading Nano-C’s effort to obtain ISO 9001 certification.
Ms. Barton works closely with production and research teams at Nano-C to ensure the integrity of Fullerene products. She currently manages and leads a team of eight. In addition, her focus on consistency, scalability and toxic use reduction as products grow from R&D to production promotes a culture of continuous improvement among the teams. Ms. Barton has a BS in Chemical Engineering from Worcester Polytechnic Institute and an MS in Environmental Engineering from Northeastern University.
Application | Potential Consumer Impacts |
---|---|
1) High sensitivity sensors for mobile phones. | Speed and ease of use—can open the phone by touching anywhere on the screen and possibly up to 1000x more secure. |
2) Ultra-low power NRAM embedded devices. | A phone that lasts for up to 6-months on standby. Potentially 100x increase in speed enable no-lag recall of information. |
3) High-efficiency tandem perovskite solar for residential and commercial applications. | Potentially up to 50% more power from the same area, and at the same installation cost as conventional silicon solar cells. Possibly a more economically efficient choice. |
4) Organic Photovoltaic Solar for Building Integrated PV (BIPV). | Almost any surface of a building can potentially generate power, including windows. |
5) Extreme Ultraviolet (EUV) photo resists and Spin-on-Carbon-Masks for the next generation of Semiconductor Manufacturing. | Potentially increased computing power enabling applications like autonomous vehicles, AI, VR |