Nantero
Woburn, US · Delaware corporation · 10 known investors
Nantero develops NRAM, a carbon nanotube-based nonvolatile random access memory, plus other nanotube semiconductor technologies.
Also known as Nantero Inc. · Nantero, Inc.
Founders & leadership
Board
Investors · 10
Also in the syndicate · 3
Reported raises · per SEC filings
Form D private placements$86.9M disclosed across 5 of 7 rounds · 2015–2022
▶$75.3MofferedApr 2022 · Other TechnologyRule 506(b)
- Robert SnowbergerExecutive Officer, Director
- Daniel MarrujoDirector
- Michael MarquardtDirector
- Philipp HenslerDirector
- Richard ThurstonDirector
- Trent OverhueExecutive Officer, Director
- Michael RaamDirector
- Offering amount
- $75.3M
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3.9MraisedFeb 2020 · 6 investors · Other TechnologyRule 506(b)
- Bruce SachsDirector
- Ed DollerDirector
- Greg SchmergelExecutive Officer, Director
- Gregg AdkinDirector
- Steve WoodDirector
- OB BilousDirector
- Offering amount
- $15M
- Amount sold
- $3.9M
- First sale
- Feb 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$12.7MraisedNov 2019 · 8 investors · Other TechnologyRule 506(b)
- Bruce SachsDirector
- Gregg AdkinDirector
- OB BilousDirector
- Ed DollerDirector
- Greg SchmergelExecutive Officer, Director
- Offering amount
- $20M
- Amount sold
- $12.7M
- Placement agents
- Pacific Gate Advisors, LLC
- First sale
- Oct 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$29.4MraisedMar 2017 · 44 investors · Other TechnologyRule 506(b)
- Margaret SeifDirector
- Bruce SachsDirector
- OB BilousDirector
- Greg SchmergelExecutive Officer, Director
- Andrew GoldfarbDirector
- Offering amount
- $35M
- Amount sold
- $29.4M
- First sale
- Dec 2016
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$9.4MraisedAug 2015 · 13 investors · Other TechnologyRule 506(b)
- Bruce SachsDirector
- Margaret SeifDirector
- Dave FachettiDirector
- OB BilousDirector
- Jennifer FonstadDirector
- Greg SchmergelExecutive Officer, Director
- Offering amount
- $12M
- Amount sold
- $9.4M
- First sale
- Jul 2015
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$31.5MraisedFeb 2015 · 23 investors · Other TechnologyRule 506(b)
- Greg SchmergelExecutive Officer, Director
- Dave FachettiDirector
- OB BilousDirector
- Bruce SachsDirector
- Jennifer FonstadDirector
- Margaret SeifDirector
- Offering amount
- $41.5M
- Amount sold
- $31.5M
- First sale
- Jan 2015
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Nantero Inc. is a Woburn, Massachusetts-based nanotechnology company that uses carbon nanotubes to develop next-generation semiconductor products. Its principal focus is the commercialization of NRAM, a high-density, high-speed nonvolatile random access storage device that can be manufactured for both standalone and embedded memory applications. Target applications for the memory include smartphones, tablets, enterprise systems, notebook and desktop computers, and automotive and industrial electronics.
Beyond memory, the company works with licensees on additional applications of its core nanotube-based technology. Nantero has produced carbon nanotube devices in a commercial semiconductor fabrication process. A former government business unit developed nanotechnology-enabled devices such as memory, logic and sensors for military and intelligence applications; that unit was acquired by Lockheed Martin in 2008, alongside an exclusive license to Nantero's intellectual property for government applications.
Business model
Nantero commercializes its carbon nanotube memory technology through partners and licensees rather than by manufacturing alone: it works with semiconductor manufacturers and customers who bring NRAM products to market, and licenses its nanotube intellectual property for additional applications, including an exclusive government-applications license granted to Lockheed Martin.
Traction
As of April 2018 the company reported more than a dozen partners and customers in consumer electronics, enterprise systems and semiconductor industries working on NRAM, cumulative funding of over $120 million, and a first commercial NRAM product expected from Fujitsu Semiconductor and Mie Fujitsu Semiconductor in 2019.
Latest developments
In April 2018 Nantero announced a $29.7 million financing from investors including Dell Technologies Capital, Cisco Investments, Kingston Technology, CFT Capital, Schlumberger and three undisclosed global semiconductor-industry strategic investors, to bring multiple products to market, and reported the establishment of a Beijing office and WFOE.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Nantero positions NRAM as a nonvolatile memory alternative for high-density, high-speed applications, supported by corporate and strategic investors from the semiconductor, networking and storage industries, including Cisco Investments, Dell Technologies Capital and Kingston Technology.
Technology
The company's core technology is the use of carbon nanotubes in semiconductor devices, embodied in NRAM, a high-density, high-speed nonvolatile random access memory available in standalone and embedded forms. Nantero has demonstrated production of carbon nanotube devices within a commercial semiconductor fabrication process, and its nanotube technology has also been applied to logic and sensor devices.
Go-to-market
Nantero relies on partnerships and customer design-ins with semiconductor manufacturers and device makers. As of 2018 it reported more than a dozen partners and customers actively working on NRAM, with Fujitsu Semiconductor and Mie Fujitsu Semiconductor positioned as the first customer to bring NRAM to market.
Consumer electronics, enterprise systems and semiconductor companies, with end applications in smartphones, tablets, enterprise systems, notebook and desktop computers, and the automotive and industrial sectors; historically also government, military and intelligence customers via its former government business unit.
Geography
Headquartered at 25-D Olympia Avenue, Woburn, Massachusetts, United States. In 2018 the company established an office and wholly foreign-owned entity (WFOE) in Beijing, China to serve Chinese customers and manufacturers.
History
Nantero developed methods and processes for incorporating carbon nanotubes into electronic devices and built an intellectual property portfolio around the approach. In August 2008 Lockheed Martin acquired the company's government business unit, with roughly 30 employees transferring, and entered an exclusive license for government applications of Nantero's IP; the unit was placed under Lockheed Martin's Advanced Technology Center. The company continued to pursue commercial NRAM, raising $29.7 million in 2018 from strategic and corporate investors and expanding into China.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsNantero raised $29.7 million from Dell Technologies Capital, Cisco Investments, Kingston Technology Corporation, CFT Capital, Schlumberger and three undisclosed strategic investors in the semiconductor industry, to bring multiple products to market.
$29.7M source ↗
Nantero set up an office and a wholly foreign-owned entity in Beijing, China, to expand its business with Chinese customers and manufacturers.
Lockheed Martin acquired Nantero's government business unit, with approximately 30 employees joining Lockheed Martin, and entered an exclusive license for government applications of Nantero's intellectual property portfolio. Terms were not disclosed. The unit is managed by Lockheed Martin's Advanced Technology Center.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structure▸Research sources · 5
primary sources listed
- Nantero | Cisco Investmentsciscoinvestments.com · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Nantero do?
- Nantero develops NRAM, a carbon nanotube-based nonvolatile random access memory, plus other nanotube semiconductor technologies.
- Who founded Nantero?
- Nantero was founded by Greg Schmergel.
- Who are Nantero's investors?
- Nantero's investors include Bantam Group, Cisco Investments, Globespan Capital Partners, NAV.VC, TEL Venture Capital, Inc., ZMT Capital, Dell Technologies Capital.
- How much funding has Nantero raised?
- Nantero has disclosed $86.9M raised across 5 of its 7 known rounds.
- Where is Nantero headquartered?
- Nantero is headquartered in Woburn, US.