Advano was founded by Shiva Adireddy, Alexander Girau in 2017.

Who are Advano's investors?

Advano's investors include AAF Management Ltd., Boot64 Ventures, Fifty Years, Globivest, Innovation Catalyst, Manta International Consultancy S.A.L, New Orleans Startup Fund, Partech Ventures and 21 more.

How much funding has Advano raised?

Advano has disclosed $18.5M raised across 1 round.

Where is Advano headquartered?

Advano is headquartered in New Orleans, US.

Advano

YC S17

New Orleans, US · Founded 2017 · 25 employees · 31 known investors

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Advano manufactures silicon-based anode materials for lithium-ion batteries that improve energy density and reduce costs for electric vehicles. The company supplies engineered materials that integrate into existing battery designs.

Also known as Nanostar, Inc. · NanoStar, Inc.

Advanced Manufacturing Cleantech Climate Tech Energy Storage Hard Tech ClimateUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S17)

Advano was founded in 2017 by Shiva Adireddy and Alexander Girau.

Shiva Adireddy CTO2017–2025Dr. Adireddy has spent over a decade working in energy and materials entrepreneurship, with technical experience in nanotechnology and renewable energy. He holds multiple U.S. patents and has authored numerous peer-reviewed publications in the field.

Alexander Girau Founder, Special Advisor to the CEO2025–2026Alexander Girau is CEO and co-founder of Group1, and founding CEO of Advano.

Investors · 31

AAF Management Ltd.listed by AAF Management Ltd.Washington

How we know: AAF Management Ltd.'s portfolio page · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Boot64 Ventureslisted by Boot64 VenturesMetairievia John Roberts · inferred

How we know: Boot64 Ventures's portfolio page · the VCSheet dataset · Not right? Tell us

Fifty Yearslisted by Fifty YearsSan Francisco · $250K – $2M

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Globivestlisted by Globivest

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Innovation Catalystlisted by Innovation CatalystBaton Rouge

Manta International Consultancy S.A.Llisted by Manta International Consultancy S.A.L

How we know: Manta International Consultancy S.A.L's portfolio page · Not right? Tell us

New Orleans Startup Fundlisted by New Orleans Startup FundNew Orleans

How we know: Y Combinator's founder network · Not right? Tell us

Partech Ventureslisted by Partech VenturesParis · $200K – $50M

How we know: Partech Ventures's portfolio page · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Wavemaker Pacificlisted by Wavemaker PacificSingapore

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Wavemaker Partnerslisted by Wavemaker PartnersSingapore · $100K – $2.5M

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Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · siliconbayounews.com · Not right? Tell us

Anorak VenturesreportedLos Angeles · $25K – $400K

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Cantos VenturesreportedSan Francisco · $400K – $1.5M

How we know: Y Combinator's founder network · Not right? Tell us

DCVC (Data Collective)reportedPalo Alto · $5M – $25M

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KBBO Groupreported

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KSLreportedDenver

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Mana VenturesreportedEstero

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Mojo VenturesreportedLos Altos Hills

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New Orleans BioFundreportedNew Orleans · $500K

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PeopleFundreportedGuatemala City

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Peter Thielreported

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Pragma VenturesreportedSeoul

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Procyon Group 401K PlanreportedShelton

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Revelry Venture PartnersreportedNew Orleans

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SAIC Technologies Fund II, LLCreportedSilicon Valley

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ScienceVestreportedNew York · $125K

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Tekton VenturesreportedSan Francisco · $100K – $1M

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Thiel CapitalreportedNew York

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Venture Investment AssociatesreportedPeapack

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Also in the syndicate · 2

SBI Material Innovation Fundthe Data Collective

Funding

SEC filings, press & company announcements

$18.5M disclosed across 1 round · 2020

$18.5MSeries AJan 2020 · 2 sources
Future Shape, PeopleFund, SBI Material Innovation Fund, the Data Collective, Thiel Capital, Y Combinator
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 8

Sila NanotechnologiesSila Nanotechnologies engineers next-generation battery materials, particularly silicon anodes, for use in electric vehicles, wearables, and other energy-intensive applications. The company develops advanced materials through its expertise in chemistry and material science, and operates manufacturing facilities to scale production globally.

AirthiumAirthium manufactures high-temperature industrial heat pumps that reach up to 550°C and operate in hybrid mode, switching between electricity and gas to optimize cost and carbon emissions. The system is designed for industrial process heat applications requiring reliable 24/7 operation in the 150–550°C range.

NanoGraf TechnologiesNanoGraf develops a silicon-based high-energy-density anode material intended to replace graphite anodes and improve the performance of lithium-ion batteries. Its technology targets applications ranging from military to consumer electronics and electric vehicles, offering gains in energy density, range, and cycle life.

GBatteriesGBatteries develops intelligent battery management systems and high-energy-density batteries using artificial intelligence and electrochemistry, targeting electric mobility applications from land to air transport.

Echion TechnologiesEchion Technologies is a battery technology company that develops and commercialises XNO®, a niobium-based fast-charging battery anode material supplied to cell manufacturers worldwide. Its technology is deployed across industries including mining, AI datacentres, robotics, industrial energy storage, rail, and marine.

SparkSpark provides AI-powered permitting and zoning intelligence for renewable energy, battery storage, and data center developers to accelerate site selection and reduce development risk. The platform analyzes zoning ordinances, permitting requirements, and community sentiment across U.S. jurisdictions.

Phoenix HydrogenPhoenix Hydrogen operates a marketplace platform for buying and selling hydrogen as a commodity, targeting utilities and industrial customers in the emerging hydrogen infrastructure sector.

inBalanceinBalance uses machine learning to predict electricity prices, helping energy storage operators, EV charging networks, and similar businesses optimize revenue.

Companies working in the same space as Advano.

Legal entities · 2

corporate structure

Nanostar, Inc.

NanoStar, Inc.

Frequently asked questions

What does Advano do?: Advano manufactures silicon-based anode materials for lithium-ion batteries that improve energy density and reduce costs for electric vehicles. The company supplies engineered materials that integrate into existing battery designs.
Who founded Advano?: Advano was founded by Shiva Adireddy, Alexander Girau in 2017.
Who are Advano's investors?: Advano's investors include AAF Management Ltd., Boot64 Ventures, Fifty Years, Globivest, Innovation Catalyst, Manta International Consultancy S.A.L, New Orleans Startup Fund, Partech Ventures and 21 more.
How much funding has Advano raised?: Advano has disclosed $18.5M raised across 1 round.
Where is Advano headquartered?: Advano is headquartered in New Orleans, US.