Overview & Background
Based in Silicon Valley, nanostellar develops and licenses advanced materials for clean technology applications. Their first product to be commercialised is a catalysts for diesel engines that offers both significant cost savings and performance (cleaner) than current technologies. The catalyst substituted Gold for more expensive Platinum. Follow on products include gas reformation and synthesis of hydrogen peroxide. Having reached a state of proven technology, nanostellar was about to go into production with a large European auto manufacturer.
Given the European client base (diesel engines), we were hired with a mandate to raise capital from European based investor that can raise awareness to nanostellar’s client base. We positioned nanostellar as a technology leader, who’s product delivered cost savings combined with superior performance. We were able to generate a number of meetings with European based investors, both VC and Corporate.
The $10mn round was led by a single large investor, and participation from existing investors. Amonst other things, the investor’s rationale was that they wanted to promote additional uses of gold, one of which was included in nanostellar’s diesel catalyst.