Fundraising Fox

Nuvola

YC W17

Los Angeles, US · Founded 2015 · Nevada corporation · 4 employees · 1 known investors

Nuvola develops SafeCoat, a separator material for lithium-ion batteries designed to improve safety, performance, and manufacturing efficiency. The company serves battery original equipment manufacturers globally with its advanced coating technology.

Also known as Inc. · Millibatt

Founders & leadership· Y Combinator alumni (W17)

Nuvola was founded in 2015 by Janet Hur and Leland Smith.

JHJanet Hur
Janet HurinCEO & CofounderJanet Hur is cofounder of Nuvola Technology, previously known as Millibatt, Inc.
LSLeland Smith
Leland SmithinFounder
RL
Ronald L. Miller, Jr.Vice President, Chief Financial Officer, and Secretary
WR
William R. ScheidhauerPresident and Chief Operating Officer
JR
Jeffrey RassasPresident, Secretary, and Treasurer

Board

MA
Mitchell A. SaltzBoard director
BM
Barry M. MonheitBoard director
RJ
Robertson J OrrBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$18.5M disclosed across 4 rounds · 2014–2017

$100KraisedApr 2017 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Barry M. MonheitDirector
  • Ronald L. Miller, Jr.Executive Officer
  • Mitchell A. SaltzDirector
  • William R. ScheidhauerExecutive Officer
Offering amount
$5M
Amount sold
$100K
Minimum investment
$50K
Finders' fees
$30K
Placement agents
Ray Saigh
First sale
Apr 2017
Incorporated
Corporation, Nevada, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$400KraisedFeb 2016 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Barry M. MonheitDirector
  • Ronald L. Miller, Jr.Executive Officer
  • William R. ScheidhauerExecutive Officer
  • Mitchell A. SaltzDirector
Offering amount
$5M
Amount sold
$400K
Minimum investment
$5K
Finders' fees
$40K
Placement agents
Ray Saigh
First sale
Jan 2016
Incorporated
Corporation, Nevada, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$17.8MraisedJan 2016 · 20 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Barry M. MonheitDirector
  • Ronald L. Miller, Jr.Executive Officer
  • Mitchell A. SaltzDirector
  • William R. ScheidhauerExecutive Officer
Offering amount
$17.8M
Amount sold
$17.8M
First sale
Dec 2015
Incorporated
Corporation, Nevada, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$200KraisedSep 2014 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeffrey RassasExecutive Officer, Director
  • Robertson J OrrDirector
Offering amount
$500K
Amount sold
$200K
Minimum investment
$25K
First sale
Jun 2014
Incorporated
Corporation, Nevada, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Nuvola do?
Nuvola develops SafeCoat, a separator material for lithium-ion batteries designed to improve safety, performance, and manufacturing efficiency. The company serves battery original equipment manufacturers globally with its advanced coating technology.
Who founded Nuvola?
Nuvola was founded by Janet Hur, Leland Smith in 2015.
Who are Nuvola's investors?
Nuvola's investors include Y Combinator.
How much funding has Nuvola raised?
Nuvola has disclosed $18.5M raised across 4 rounds.
Where is Nuvola headquartered?
Nuvola is headquartered in Los Angeles, US.