BASF Venture Capital (BASF) is leading an $8 million Series B financing round in the U.S. functional chemistry firm, NBD Nanotechnologies (NBD Nano). Headquartered in Boston, Massachusetts, NBD Nano is a specialty chemicals company with a proprietary platform technology that reportedly gives surfaces unique properties such as repellency or adhesion. BASF is joined in the round by new investor Henkel AG & Co., along with existing investors including Phoenix Venture Partners, among others.
“NBD Nano’s products allow for a tremendous variety of applications in electronics, consumer goods, and automotive,” says Markus Solibieda, managing director at BASF Venture Capital. “In addition, the company’s technology platform provides them with a strong base for future innovations.”
NBD Nano’s product offerings include RepelShell plastic additives that reportedly allow any plastic resin to become more repellent than the leading fluoropolymer technologies, and InvisiPrint coatings that significantly reduce fingerprint visibility on a variety of surfaces, according to the companies.
For more information, visit: www.basf.com