Nelumbo

Hayward, United States Founded: 2015 • Age: 11 yrs Acquired By Kuraray
Omniphobic nanocoatings are developed for air conditioners to enhance efficiency.
Annual revenue - Latest available
Total funding $21.4M 4 rounds
Employees 10 Tracked headcount
Investors 12 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Nelumbo

Nelumbo is a company based in Hayward (United States) founded in 2015 by David Walther was acquired by Kuraray in April 2025. Nelumbo has raised $21.35 million across 4 funding rounds from investors including Danfoss, UPC Renewables and California Energy Commission. The company has 10 employees as of December 31, 2023. Nelumbo offers products and services including IceNein and Mineral. Nelumbo operates in a competitive market with competitors including actnano, Suzhou Nanomicro Technology, Adaptive Surface, Dais and NanoMech, among others.

  • Headquarter Hayward, United States
  • Employees 10 as on 31 Dec, 2023
  • Founders David Walther
  • Sectors
    Chemicals & Materials
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Nelumbo Inc
Operational Areas
Chemicals & Materials → Industrial & Technical Services Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $21.35 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.9 M (USD), Grant

    May 02, 2024

  • Investors
    Danfoss

    & 11 more

  • Employee Count
    10

    as on Dec 31, 2023

  • Acquired by
    Kuraray

    (Apr 02, 2025)

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Products & Services of Nelumbo

Nelumbo offers a comprehensive portfolio of products and services, including IceNein and Mineral.

Product name locked
Category locked
Primary

Provides extreme ice resistance for heating and cooling equipment

Product name locked
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Uses abundant minerals for waterproofing without environmental harm

People of Nelumbo

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Liam Berryman
Chief Executive Officer (nelumbo) & Company Group GM (kuraray)

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Funding Insights of Nelumbo

Nelumbo has successfully raised a total of $21.35M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $2.9 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Nelumbo

Nelumbo has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Danfoss, UPC Renewables and California Energy Commission.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency focused on clean energy investments
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Seed and Early stage VC firm investing in Japan
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Safar Partners is engaged in investing in technology startups.
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Investor details for Nelumbo

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Investments & Acquisitions by Nelumbo

Investments
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Investment portfolio details for Nelumbo

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Financial Statements - Nelumbo

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Detailed financials for Nelumbo

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Nelumbo Comparisons

Nelumbo Primary company
Description
Omniphobic nanocoatings are developed for air conditioners t...
Location
Hayward, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
10
As of 2023
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Peer comparison for Nelumbo

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Competitors of Nelumbo

Nelumbo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as actnano, Suzhou Nanomicro Technology, Adaptive Surface, Dais and NanoMech, among others.

Company Name Domain Founded year HQ Location Description
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Environmental resistant nanocoatings are developed for diversified applications.
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Uniformly sized nano- and microspheres are manufactured and marketed.
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Materials and coatings that repel fluids are produced.
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Nanomaterial-based polymers are supplied for air and water purification.
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Coating and cutting tools are manufactured for industrial applications.
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Detailed competitors of Nelumbo

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Latest news on Nelumbo

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Complete news archive for Nelumbo

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Frequently Asked Questions about Nelumbo

Nelumbo was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Nelumbo is headquartered in Hayward, United States. It is registered at Hayward, California, United States.

Nelumbo is a funded company, having raised a total of $21.35M across 4 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Nelumbo is 10.

Nelumbo was founded in 2015 in Hayward, United States, and operates in the cleantech sector. Omniphobic nanocoatings are produced by the company to promote water shedding and minimize contaminant accumulation on surfaces, particularly air conditioning cooling fins. These coatings, thinner than human hair by a factor of 100, are applied during manufacturing with an added cost under 2. The Berkeley Cleantech University Prize was awarded to the startup in 2016.

Nelumbo's top competitors include Adaptive Surface, actnano and NanoMech.

Nelumbo offers IceNein and Mineral.

Nelumbo has 12 investors. Key investors include Danfoss, UPC Renewables, California Energy Commission, Kuraray, and Prime Movers Lab.

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