Advano
PrivateLast Round
Grant
Sep 12, 2023
Est. Valuation
$1.71M
Total Funding Raised
$21.95M
Momentum Score
25 /100
Company Overview
Advano is a nanotechnology company that develops advanced materials to improve the performance of lithium-ion batteries. The company's primary product, REALSi™, is a silicon-carbon composite anode material designed to be a drop-in replacement for graphite in existing battery manufacturing processes. This technology aims to increase the energy density of batteries by 20-40%, leading to longer-lasting electric vehicles and consumer electronics. Founded in 2016 and spun out of Tulane University, Advano is based in New Orleans, Louisiana. The company focuses on using earth-abundant materials and scalable, sustainable manufacturing methods to support the domestic battery supply chain and accelerate the transition to clean energy. Advano is a graduate of the Y Combinator accelerator program and is backed by several venture capital firms.
Sector
Energy & Sustainability
Verticals
Advanced Materials, Energy Storage, Electric Vehicles, Sustainable Materials, Defense Tech
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting, Government Contracts
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Advano Comps
Public and private peers based on sector, stage, and business model.
Advano Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Sep 12, 2023 | ||||
| Series A | Jan 28, 2020 | ||||
| Accelerator | Aug 22, 2017 | ||||
| Seed | Mar 16, 2017 |
Key People
Founding team and executive leadership
Advano Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| New Orleans Startup Fund | Seed |
| Mitsui Kinzoku-SBI Material Innovation Fund | Series A |
| Thiel Capital | Series A |
| Social Impact Capital | Seed |
| Y Combinator | Accelerator, Series A |
| Future Shape | Series A |
| Fifty Years | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 15, 2025
Added Battery-Tech, a media/publishing startup, as a customer.
Advano Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about Advano's valuation, stock price, and market status.
