About ThermoAura
ThermoAura was a Technology company based in Albany (United States) founded in 2011 by Rutvik Mehta. It develops and manufactures nanomaterials for energy conversion applications. It operates on a B2B model. ThermoAura has raised $1.5 million across 8 funding rounds from investors including New York State Energy Research and Development Authority, Eastern New York Angels and SoundBoard Venture Fund. Its chief executive, as recorded, is Rutvik Mehta. The company is recorded as dissolved. Its focus areas include Manufacturing, Nanotechnology, Energy Solutions and Nanomaterials. Its competitors include 6K, Nanophase and NanoSteel; 2 of its 3 listed competitors have raised funding.
Company details
ThermoAura, based in Albany, focuses on producing manufactured goods, nanotechnology, energy solutions, and nanomaterials. Develops and manufactures nanomaterials for energy conversion applications. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Albany, United States
- Founders Rutvik Mehta
- SectorsTechnology
- Website thermoaura.com
- Social Facebook
- Total Equity Funding$1.5M (USD)
in 8 rounds
- Latest Funding Round$1M (USD), Seed
Apr 2016
- Investors
Funding Insights of ThermoAura
ThermoAura has successfully raised a total of $1.5M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in April 2016. 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.
- Total Funding $1.5M
- Total Rounds 8
- Last Round Seed — $1M
- First Round $149,989
(Jul 2012)
- Investors Count 4
All 8 funding rounds of ThermoAura with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2016 | $1M | Seed | – | Eastern New York Angels | |
| Oct 2013 | $750,000 | Grant | – | – | |
| Oct 2013 | $1.41M | Grant | – | – | |
| May 2013 | $250,000 | Seed | – | – | |
| May 2013 | $250,000 | Seed | – | – | |
| Feb 2013 | $393,000 | Grant | – | – | |
| Feb 2013 | $393,000 | Grant | – | – | |
| Jul 2012 | $149,989 | Grant | – | – |
4 investors in total: 4 institutional.
Investors in ThermoAura
ThermoAura has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include New York State Energy Research and Development Authority, Eastern New York Angels and SoundBoard Venture Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel network for New York based startups | 2010 | easternnyangels.com | Albany, United States | |
Investments are directed by SoundBoard Venture Fund toward angel-stage startups. | soundboardventurefund.com | Montclair, United States | ||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
Energy research and development are advanced by this state agency. | 1975 | nyserda.ny.gov | United States |
Investor details for ThermoAura
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of ThermoAura
1 people are tracked at ThermoAura (1 in leadership).
| Name | Role | Group |
|---|---|---|
Rutvik Mehta | Co-Founder, CEO | Leadership |
Complete people profiles for ThermoAura
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of ThermoAura
3 dated milestones of ThermoAura across 5 years, from founding to its latest funding, stage changes and deals.
- Founded ThermoAura is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Seed, of $1.0M.
Competitors of ThermoAura
ThermoAura has 3 listed competitors in our database, 2 of them funded. They include 6K, Nanophase and NanoSteel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 6kinc.com | 2011 | North Andover, United States | $300.34M | 62 | Nanotechnology-based metal powders are developed using microwave plasma technology. | |
| nanophase.com | 1989 | Romeoville, United States | 46 | Metal oxide nano-powders are developed and distributed for industrial applications. | ||
| nanosteelco.com | 2002 | Providence, United States | $88.02M | Nanostructured steel coatings, additives, and alloys are developed and commercialized. |
Detailed competitors of ThermoAura
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Nanotechnology
3 companies that operate in the same segment as ThermoAura (Nanotechnology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of technologies for analysis of genetic variation and function | 1993 | San Diego, California, United States | USD 28 M | USD 1.44 M | 29 | |
RNA interference-based therapeutics are developed for multiple disorders. | 2002 | Cambridge, Massachusetts, United States | USD 17 M | USD 3.71 B | 2,230 | |
Aerogel-based thermal insulation solutions are provided for energy conservation. | 2001 | United States | USD 198.35 M | USD 271.1 M | 554 |
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Frequently Asked Questions about ThermoAura
ThermoAura was founded in 2011 and raised its 1st funding round 1 year after it was founded.
ThermoAura is headquartered in Albany, United States.
Rutvik Mehta is the CEO of ThermoAura, as recorded in our data. They have also founded this company.
ThermoAura is a funded company, having raised a total of $1.5M across 8 funding rounds to date. The company's 1st funding round was a Grant of $149.99K, raised on Jul 2012.
ThermoAura, based in Albany, focuses on producing manufactured goods, nanotechnology, energy solutions, and nanomaterials. Develops and manufactures nanomaterials for energy conversion applications. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
ThermoAura has 4 investors. Key investors include New York State Energy Research and Development Authority, Eastern New York Angels, SoundBoard Venture Fund, and National Science Foundation.