When was MFNS Tech founded?

MFNS Tech was founded in 2019 and raised its 1st funding round 4 years after it was founded.

Where is MFNS Tech located?

MFNS Tech is headquartered in Glenview, United States.

How many employees does MFNS Tech have?

As of May 31, 2026, the latest employee count at MFNS Tech is 10.

Is MFNS Tech a funded company?

MFNS Tech is a funded company, having raised a total of $1.4M across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Oct 30, 2023.

When was the latest funding round of MFNS Tech?

MFNS Tech's latest funding was a $***** Seed round on Aug 01, 2025, with participation from 0 investor. Its primary sector is Nanotechnology. In United States, the Nanotechnology sector has seen $671M in funding in 2026 to date.

Where does MFNS Tech rank among its competitors?

MFNS Tech ranks 16th amongst 185 active competitors, of which 20 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was NanoH2O, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of MFNS Tech?

MFNS Tech's top competitors include ZwitterCo, Active Membranes and NanoH2O. Among them, NanoH2O secured the most recent funding round in December, 2025.

MFNS Tech - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of nanocoating solutions for cleaning water. It develops a nano-structured coating that helps enterprises clean up oil and other pollutants or toxins out of waterbodies. Its main applications are in cleaning oil spills and toxic water from factory runoff. It also lets the user recover the oil after its capture.

Website: mfns-tech.com
Social
Email ID: *****@mfns-tech.com

Key Metrics

Founded Year

2019

Location

Glenview, United States

Stage

Seed

Total Funding

$1.4M in 2 rounds

Latest Funding Round

Seed, Aug 01, 2025, $*****

Investors

Good Growth Capital

Ranked

16^th among 185 active competitors

Employee Count

10 as on May 31, 2026

Similar Companies

ZwitterCo & 87 more

View MFNS Tech's full profile

MFNS Tech has raised a total funding of $1.4M over 2 rounds. Its first funding round was on Oct 30, 2023. MFNS Tech has 1 institutional investor.

Here is the list of recent funding rounds of MFNS Tech:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 01, 2025	4362777	Seed	6020874	3565901	4579761	4988354
Oct 30, 2023	2535884	Conventional Debt	6419266	1846493	1980021	7226975

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View details of MFNS Tech's funding rounds and investors

The founders of MFNS Tech are Vikas Nandwana and Vinayak P. Dravid.

Here are the details of MFNS Tech's key team members:

Vikas Nandwana: Co-Founder & CTO of MFNS Tech.
Vinayak P. Dravid: Founder of MFNS Tech.
Contact Info: 1 email address

View details of MFNS Tech's Founder profiles and Board Members

MFNS Tech's employee count trend

MFNS Tech has 10 employees as of May 26. Here is MFNS Tech's employee count trend over the years:

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Top competitors of MFNS Tech include ZwitterCo, Active Membranes and NanoH2O. Here is the list of Top 10 competitors of MFNS Tech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ZwitterCo 2018, Somerville (United States), Series B	Manufacturer of wastewater treatment systems using membrane technology	$102M	DCVC, Evok Innovations & 17 others	57/100
2nd	Active Membranes 2022, Los Angeles (United States), Seed	Developer of electro-active membrane technology for desalination and water treatment	$3.24M	Natural Ventures, Echo River Capital & 1 others	55/100
3rd	NanoH2O 2005, Los Angeles (United States), Acquired	Developer of reverse osmosis membranes for water treatment	$89.9M	Total, BASF & 11 others	53/100
4th	H2O Innovation 2000, Quebec City (Canada), Acquired	Provider of comprehensive solutions for water, wastewater, and water reuse	-	BDC	50/100
5th	Liquidity 2009, Alameda (United States), Series A	Nanotech membranes based potable water purifiers	$10.6M	Capricorn, Singularity Investments & 3 others	49/100
6th	Nanosun 2013, Singapore (Singapore), Acquired	Nanosun is a Singapore based membrane manufacturing company	$3.1M	NTU, NTUitive & 12 others	46/100
7th	Cerahelix 2011, Orono (United States), Series B	Provider of nanotech-based water treatment solutions for industries	$6.12M	Plug and Play Tech Center, MassChallenge ... & 12 others	41/100
8th	Swirltex 2015, Calgary (Canada), Seed	Provider of buoyancy based waste water treatment solutions	$4.27M	Canadian Technology Accelerator, Sustainable Development Technology Canada ... & 5 others	39/100
9th	MI Systems 2009, Houston (United States), Series A	Water treatment solutions	$13.6M	757 Angels, Candy Ventures	39/100
10th	NIRTECH 2014, Thane (India), Unfunded	Provider of solutions for water-related challenges, including wastewater treatment	-	-	38/100
16th	MFNS Tech 2019, Glenview (United States), Seed	Developer of nanocoating solutions for cleaning water	$1.4M	Good Growth Capital	34/100