NoPo Nanotechnologies, which makes an advanced material that can replace silicon in semiconductors and batteries and is supplying samples to chipmakers in Taiwan and Japan, is scaling up production capacity, its founders told ET.
Single-walled carbon nanotubes (SWCNTs), which Bengaluru-based NoPo makes, have applications of a wide range, 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, the company's cofounders, Arunima Patel and Gadhadar Reddy, told ET.
With a latest funding of $3 million from Axilor Ventures’ Micelio Funds and Inflexor Ventures, NoPo is looking to set up a plant in Bengaluru or nearby Hosur to service global battery manufacturers (whose requirement is in thousands of tonnes per annum) and further developing its offerings for electronics and semiconductor customers.
Currently, the company’s pilot unit is located in Bengaluru’s Electronics City, which can only provide evaluation material.
“This material is useful in semiconductors and EV batteries. We have counted more than 120 applications