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High Tech Series B Founded 2012

NuMat

NuMat is a materials technology company that develops nanoporous materials, specifically metal-organic frameworks (MOFs), to enable advanced gas storage and separation solutions. The company designs atomically engineered materials through the application of modern computing infrastructure and proprietary material discovery algorithms, creating hypothetical structures, storing them in databases, and using…

📍 Skokie, United States · Nanotechnology,

Funding snapshot

Last roundSeries B
Amount$12M
Date26 April 2018
Total raised$23M
Team size65

About

NuMat is a materials technology company that develops nanoporous materials, specifically metal-organic frameworks (MOFs), to enable advanced gas storage and separation solutions. The company designs atomically engineered materials through the application of modern computing infrastructure and proprietary material discovery algorithms, creating hypothetical structures, storing them in databases, and using high-performance cloud computing to identify and synthesize the most promising candidates. NuMat's MOF technology challenges the need for traditional gas compression by enabling higher-density storage at lower pressures, with applications in industrial gas storage, carbon capture, hazardous gas filtration, and semiconductor manufacturing. The company's approach combines computational materials science with synthetic chemistry to rapidly discover and commercialize new nanoporous materials that address critical challenges in clean energy, healthcare, and industrial processes. Founded in 2012 and headquartered in Skokie, Illinois, NuMat has raised approximately $22.6 million in Series B funding from investors including JUMP Investors, Owl Investment Group, GOOSE Capital, OS Fund, Tin Shed Ventures, Osage University Partners, LaunchCapital, Clean Energy Trust, and Rapha Capital Management.

Business model

Advanced Materials > Nanostructures > Metal and Metalloid > Metal Organic Frameworks,

Nanotechnology > Nanostructures > Metal and Metalloid > Metal Organic Frameworks

Team background

College Wise > Kellogg School of Management

Institutional investors

JUMP Investors Owl Investment Group GOOSE Capital OS Fund Tin Shed Ventures Osage University Partners LaunchCapital Clean Energy Trust Rapha Capital Management

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