NanoTech Materials Raises $29.4 Million Series A to Scale High-Performance Infrastructure Materials

Funding will expand domestic manufacturing and accelerate commercialization of energy-efficient roofing materials, insulation and wildfire mitigation systems.

HOUSTON--(BUSINESS WIRE)--NanoTech Materials (NanoTech), an advanced material science company tackling the most urgent energy efficiency and fire resiliency challenges across critical infrastructure, today announced the close of its $29.4 million Series A round. The round was led by HPI Real Estate & Investments with participation from strategic investors Goose Capital and Milliken & Company.

NanoTech, which currently operates a 43,000-square-foot manufacturing facility in Katy, TX has secured $34.4 million in total to date.

With this raise, NanoTech has the capital to scale operations, deepen market reach for its Cool Roof Coat, Wildfire Shield and Insulative Coat: Cool Touch product lines, and accelerate the work that infrastructure owners across the country are already asking for.

NanoTech develops high-performance coatings powered by its patented Insulative Ceramic Particle (ICP)^TM technology, which is engineered to reduce heat transfer in buildings and outdoor infrastructure while maintaining structural durability. The company serves commercial real estate owners, industrial operators, and government infrastructure agencies seeking to reduce operating costs and harden assets against extreme heat and weather exposure.

“We’re addressing one of the pressing and urgent challenges facing infrastructure owners today: controlling energy costs and extending asset life,” said Mike Francis, CEO and co-founder of NanoTech Materials. “This financing marks a transformative moment for us. It allows us to rapidly scale production and bring our high-performance materials to market faster, while delivering measurable cost savings and redefining what resilience looks like in today’s built environment.”

In the United States, buildings account for nearly 37% of domestic energy consumption, with heating and cooling systems accounting for the single largest energy load. By reducing heat transfer at the roof and surface levels, NanoTech’s coatings are designed to reduce cooling load in customer deployments by as much as 50%.

Wildfire exposure is also driving infrastructure hardening efforts across Western States, with related economic losses estimated in the billions annually. NanoTech’s Wildfire Shield is engineered to protect wooden and structural infrastructure against temperatures up to 3,272°F without producing toxins. The company is currently working with California’s Department of Transportation to develop wildfire protection standards for its road infrastructure, and has completed multiple projects on behalf of the agency.

In tandem with the Series A announcement, NanoTech has also expanded its Board of Directors to include investor Todd Overbergen, and D. Kent Lance, Partner at HPI.

“Today’s built environment demands materials that don’t just meet code, but can also outperform the extreme conditions we’re now facing,” said D. Kent Lance, Partner at HPI. “NanoTech Material’s ability to reduce operating costs by strengthening critical infrastructure is exactly the kind of performance-driven innovation this market needs.”

“We were early investors in Nanotech Materials and are pleased to continue supporting the company as it becomes a leader in breakthrough materials science and technology,” said John D. Chaney, Investor at Goose Capital and Board Member at NanoTech. “NanoTech’s ability to elevate fire resilience and energy efficiency in the built environment is critical for strengthening and hardening infrastructure. Its pioneered approach is transforming current building standards and making our lives safer.”

“Innovation is a core value at Milliken, and this investment reflects our belief that materials science and advanced manufacturing can deliver real‑world impact,” said Halsey Cook, President and CEO at Milliken. “NanoTech’s differentiated technology brings new capabilities to critical infrastructure challenges where performance and resilience matter most.”

For more information about NanoTech Materials, visit www.nanotechmaterials.com.

About NanoTech Materials

NanoTech Materials is an American-owned advanced materials company specializing in thermal protection to improve energy efficiency and fire resilience across the built environment. Its patented Insulative Ceramic Particle (ICP)™ technology powers high-performance coatings for fireproofing, roof cooling, and insulation across commercial, industrial, and public sectors. The company works with Fortune 500 companies and the California Department of Transportation.

About HPI

HPI Real Estate Services & Investments brings 33 years of comprehensive commercial real estate expertise to every client engagement. As a full-service Texas-based real estate firm specializing in development, property management, leasing, tenant representation and investment, we leverage our 360-degree industry perspective to maximize property value and overcome complex real estate challenges. Our veteran 200+ person team has built enduring client relationships through proven performance, unwavering integrity, and best-in-class service.

About Goose Capital

Goose Capital commenced operations over two decades ago as a small group of executives dedicated to supporting emerging entrepreneurs. It has since evolved into a professional investment organization that provides capital, and mentorship to early-stage companies. Since 2005, Goose Capital has invested its time and resources in entrepreneurs who are committed to transforming their respective industries. The companies they establish have the potential to reshape and forge the future across various sectors.

About Milliken

Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow’s breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people’s lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken’s curious minds and inspired solutions at milliken.com and on Facebook, Instagram, and LinkedIn.