Fundraising Fox
Nelumbo
AcquiredHayward, US · Founded 2015 · 49 employees on LinkedIn · 7 known investors
Find your way into Nelumbo
Sign up to see every warm intro you have to Nelumbo
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Nelumbo team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Nelumbo develops materials-science coatings that use microscopic surface structures to control how water and condensation interact with surfaces, serving industrial and consumer markets. Its products address frost reduction on refrigeration/HVAC heat exchangers and durable water-repellent textile coatings.
Also known as Nelumbo · Nelumbo Inc.
Founders & leadership
Nelumbo was founded in 2015 by Liam Berryman and Lance Brockway.
Board
Investors · 7
How we know: board seat on SEC Form D · the VCSheet dataset · Not right? Tell us
How we know: Harmonix Fund's portfolio page · Not right? Tell us
How we know: Prime Movers Lab's portfolio page · a partner's Signal profile · board seat on SEC Form D · the VCSheet dataset · Not right? Tell us
How we know: UPC Capital Ventures's portfolio page · Not right? Tell us
How we know: UTEC's portfolio page · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$15.9M disclosed across 2 rounds · 2017–2019
▶$14MraisedApr 2020 · 7 investors · OtherRule 506(b)
- Liam BerrymanExecutive Officer, Director, Promoter
- Mike HopkinsDirector
- Keisuke IdeDirector
- David WaltherDirector
- Dakin SlossDirector
- Laura SmoliarDirector
- Lance BrockwayDirector
- Offering amount
- $14M
- Amount sold
- $14M
- First sale
- Dec 2019
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$1.9MraisedNov 2017 · 6 investors · OtherRule 506(b)
- Laura SmoliarDirector
- Liam BerrymanExecutive Officer, Director
- Lance BrockwayDirector
- Offering amount
- $5.6M
- Amount sold
- $1.9M
- First sale
- Nov 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Nelumbo Nanostructured Materials develops surface treatments that provide PFAS-free anti-ice and water repellency performance across industrial and consumer applications. Its product line centers on two branded coating technologies: IceNein and Mineral.
IceNein is applied to heat exchangers in refrigeration and HVAC systems, where it is intended to reduce ice formation and the frequency of defrost cycles. The company positions the resulting benefits as improved energy efficiency and system performance, lower operating costs, higher equipment uptime and longer asset life. Stated application areas include transport refrigeration unit (TRU) trailers, intermodal TRUs, commercial refrigeration, residential refrigeration and HVAC equipment. Mineral is a textile treatment providing breathable, durable, PFAS-free water repellency, marketed for incorporation into product construction stacks by textile and apparel manufacturers.
The company operates as part of Kuraray, presenting itself publicly as "Nelumbo, A Kuraray Company."
Business model
Nelumbo supplies branded surface-coating materials and treatments (IceNein and Mineral) that are applied to customers' components and products, such as heat exchangers and textiles.
Latest developments
Nelumbo is presented on its website as a Kuraray company.
▸Full profile — market position, technology, go-to-market
Market position
The company emphasizes PFAS-free formulations delivering anti-ice and water-repellency performance, with durability and breathability cited for its textile product.
Technology
Nanostructured surface coatings formulated without PFAS that impart anti-ice and water-repellent properties; IceNein targets ice suppression and reduced defrost cycles on heat exchanger surfaces, while Mineral provides breathable, durable water repellency on textiles.
Go-to-market
Direct engagement with prospective customers via product inquiry through the company website, organized around two named product lines for refrigeration/HVAC and textile markets.
Refrigeration and HVAC asset owners and operators, equipment makers across transport refrigeration, commercial and residential refrigeration, and textile and apparel manufacturers.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Timeline · 1
launches, deals, and filingsNelumbo's website presents the company under the branding "Nelumbo, A Kuraray Company," indicating ownership by Kuraray.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 1
primary sources listed
- Nelumbo Nanostructured Materialsnelumbo.io · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Nelumbo do?
- Nelumbo makes PFAS-free anti-ice and water-repellent surface coatings for refrigeration, HVAC and textiles.
- Who founded Nelumbo?
- Nelumbo was founded by Liam Berryman, Lance Brockway in 2015.
- Who are Nelumbo's investors?
- Nelumbo's investors include Berkeley Catalyst, Harmonix Fund, Prime Movers Lab, Safar Partners, UPC Capital Ventures, UTEC, 1517.
- How much funding has Nelumbo raised?
- Nelumbo has disclosed $15.9M raised across 2 rounds.
- Where is Nelumbo headquartered?
- Nelumbo is headquartered in Hayward, US.