Synopsys Appoints Ann Minooka as Chief Marketing Officer
The need to produce new, sustainable technologies that improve people’s lives while maintaining the health of the planet requires access to innovative materials designed for safe, sustainable manufacturing and production. Established in 2018, Israeli startup Nemo Nanomaterials is now emerging out of stealth mode to provide game-changing nanomaterials that revolutionize the possibilities of industrial additives across virtually every market sector.
Take the automotive industry as an example. It is moving away from old, polluting products to greener, leaner, and smarter vehicles. Demand that has contributed to the global market for lightweight automotive materials now being projected to surpass $99 billion by 2025. But to achieve this, new materials are needed, which is one of the markets that Nemo Nanomaterials addresses.
Modern vehicles present unique demands for materials and require them to be light and durable while providing electrical conductivity as well as electromagnetic shielding. Most importantly, all materials used must be sustainably managed throughout the product lifecycle. Invariably, this has seen manufacturers making tradeoffs when it comes to material properties and functionality.
However, with Nemo Nanomaterials, the industry challenges have become a thing of the past. Nemo’s proprietary technology and techniques for processing and mixing carbon nanomaterials enhance plastics with features of metals for advanced electronic systems, under the hood parts, fluid supply lines, battery casings, internal and structural components, with reduction of up to 30% of the weight for parts when compared to metals.
Beyond the automotive sector, Nemo Nanomaterials technology can be applied to electronics, textile, construction, telecom, energy, the aviation and aerospace sectors.
Nemo’s technological breakthrough is the sole enabler for replacing metals with plastic materials – by achieving desired electrical conductivity and EMI shielding properties while maintaining the original features of the plastic.
On EMI shielding and electrical conductivity alone, the company can reach an addressable market that surpasses $10 billion. And that is just one of almost limitless applications and possibilities.
Nemo Nanomaterials was established in 2018 by Alexander Zinigrad and Jonathan Antebi. The company has successfully raised $7 million in pre-seed and seed funding, the bulk of which has come from the Cyprus-based GEM Capital. The startup is already working with 10 large companies, including multi-billion-dollar conglomerates. The list includes paying customers and co-development partners in various stages of pilots and product validations. Nemo has started manufacturing tons of its products following commercial orders from customers.
“High-end carbon nanomaterials are known to mankind for decades. They recently were made available on a commercial scale. Many companies have made lots of promises in regard to making real industrial products out of them, but Nemo is unique in making them a reality. Nemo’s technology enables a revolution in nano-carbons. It solves many wide and acute industry challenges across a myriad of specifications while delivering ready-to-use additives that can be used by the industry utilizing existing machinery and procedures. Nemo Nanomaterials is going to provide materials that are required for the future of manufacturing,” said Jonathan Antebi, Co-founder and VP Business Development at Nemo Nanomaterials.
With Nemo Nanomaterials technology, there is zero performance tradeoff in materials while enabling innovative design and functional possibilities across industry sectors. Its additive means customers can more efficiently use raw materials while also delivering the most effective end-of-life recyclability possible.
“Refineries, and not petroleum, reshaped the world because they provided new materials that enabled new industrial capabilities. With Nemo Nanomaterials, high-end nanocarbons are just as transformative to reinvent the world of the future, today,” said Alexander Zinigrad, Co-founder and CEO of Nemo Nanomaterials.
Photo: Nemo Nanomaterials team. Photo Credit – Eyal Toueg
CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16…
Cadence Design Systems, Inc. (Nasdaq: CDNS) and CEVA, Inc. (Nasdaq: CEVA), a leading licensor of wireless connectivity and smart sensing…
Israeli processor technology startup NeoLogic is launching a groundbreaking processor design technology that is poised to revolutionize chip design. The company expects…
NeuReality’s 7nm AI-centric NR1 chip moved its final, validated design to TSMC manufacturing, creating the world’s first AI-centric server-on-a-chip (SOC)….
CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity, smart sensing technologies and custom SoC solutions, today announced that…
Autotalks, a world leader in V2X (Vehicle-to-Everything) communication solutions, and Hyundai Mobis, a leading global automotive supplier, are set to…