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NanoMuscle

2545 W. 10th Street #A
Antioch, CA 94509
USA
(925)-776-4700
Website Company Summary Management Team
Team

Management: Scott Osterman (VP Sales & Marketing)
Company

Business description: NanoMuscle manufactures products that displace small electromagnetic motors and solenoids in a variety of high volume applications for the home, car and office. NanoMuscles are a classic disruptive technology offering superior performance, in a smaller package, at a fraction of the cost of the devices they replace. NanoMuscle provides the first technology to offer the capabilities of expensive miniature motors at a price point appropriate for high volume applications. NanoMuscle's advanced linear motion technology displaces traditional small motors and solenoids, enabling a new generation of devices based on our affordable miniature motion. NanoMuscle Actuators are 1/10th the price, 1/20th the weight, and 1/20th the volume of an equivalent DC motor-based solution. Their ultra small size, micro-power consumption, and low cost make them ideal for a variety of applications. NanoMuscle Actuators use smart materials so that a single device can simultaneously act as a source of motion and position sensor, thus leading to further reductions in size, manufacturing complexity, and overall system cost.
Partners include: IDEO;  ASE;  Jetta;  Mondo-Tronics
Capital

Rounds: 3
Recent fundings: Oct 2003   Mar 2003
Capital raised: 35.5M
Last Round: 16.0M
Ownership: Private  
VCs include: Capital Valley VenturesCrossBow VenturesKeiretsu ForumNet PartnersPacRim Venture PartnersVision Capital;  AFA Partners Equity;  Firsthand Capital Management;  Greyhound Fund
Corporate investors: Schneider Electric;  AutoVision;  Jetta Company

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Overview
Record updated: Jul 2005
Sector: Nanotechnology
Year Founded: 1998
Rounds: 3
Recent fundings: Oct 2003   Mar 2003
Capital raised: 35.5M
Last Round: 16.0M
Ownership: Private