NoPo Nanotechnologies, which makes an advanced material that can replace silicon in semiconductors and batteries, is scaling up its production capacity. These single-walled carbon nanotubes (SWCNTs) have applications from EV battery manufacturing, where the material can improve energy density, to design of semiconductors.

The company is developing single chiral SWCNTs which provide tight band gap control for electronic applications. The material has the potential to become part of advanced semiconductor designs, and EV batteries, its strength being a unique property..

With its latest funding of USD three million from Axilor Ventures’ Micelio Funds and Inflexor Ventures, NoPo is looking to set up a plant in Bengaluru or nearby Hosur to cater to global battery manufacturers and developing offerings for electronics and semiconductor customers. 

Currently, the company’s pilot unit is located in Electronics City, Bengaluru, which can only provide evaluation material. The company is now supplying evaluation material to global original equipment manufacturers. The company is currently working with one chip company in Taiwan, and another in Japan.