When was Nelumbo founded?

Nelumbo was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Nelumbo located?

Nelumbo is headquartered in Hayward, United States. It is registered at 26225 Eden Landing, Suite D Hayward, CA 94545.

How many employees does Nelumbo have?

As of Aug 31, 2026, the latest employee count at Nelumbo is 50.

Is Nelumbo a funded company?

Nelumbo is a funded company, having raised a total of $21.4M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 24, 2017.

When was the latest funding round of Nelumbo?

Nelumbo's latest funding was a $***** Grant (prize money) round on May 02, 2024, with participation from 1 investor. Its primary sector is Nanotechnology. In United States, the Nanotechnology sector has seen $660M in funding in 2026 to date.

Where does Nelumbo rank among its competitors?

Nelumbo ranks 4th amongst 182 active competitors, of which 25 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was NanoTech Materials, which secured $29.4M in Apr, 2026.

Who are the top competitors of Nelumbo?

Nelumbo's top competitors include actnano, NanoTech Materials and Europlasma. Among them, NanoTech Materials secured the most recent funding round in April, 2026.

Nelumbo - 2026 Company Profile, Funding & Competitors

Nelumbo is an acquired company based in Hayward (United States), founded in 2015. It operates as an Omniphobic nanocoating for air conditioners. Nelumbo has raised $21.4M in funding from investors like UTEC, Berkeley Catalyst Fund and Prime Movers Lab. The company has 182 active competitors, including 25 funded and 18 that have exited. Its top competitors include companies like actnano, NanoTech Materials and Europlasma.

Company Details

Nelumbo has developed an omniphobic nanocoating that accelerates water shedding and reduces contaminant build-up on surfaces. The company claims that the coatings are 100x thinner than human hair and can be coated on the air conditioning cooling fins to improve efficiency. The company claims that it adds less than 2% to the manufacturing cost of an AC unit. The startup won the Berkeley Cleantech University Prize in 2016.

Website: www.nelumbo.io/
Social
Email ID: *****@nelumbo.io
Registered Address: 26225 Eden Landing, Suite D Hayward, CA 94545

Key Metrics

Founded Year

2015

Location

Hayward, United States

Stage

Acquired

Total Funding

$21.4M in 4 rounds

Latest Funding Round

Grant (prize money), May 02, 2024, $*****

Investors

UTEC & 13 more

Ranked

4^th among 182 active competitors

Employee Count

50 as on Aug 31, 2026

Similar Companies

actnano & 185 more

Exit Details

Acquired by Kuraray (Apr 02, 2025)

View Nelumbo's full profile

Nelumbo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NELUMBO INC CIN: 81-2841155 , United States, Active	Dec 31, 2015	-	10 (As on Dec 31, 2023)	-

Nelumbo got acquired by Kuraray on Apr 02, 2025.

Click here to take a look at Nelumbo's acquisition in detail

Nelumbo has raised a total funding of $21.4M over 4 rounds. Its first funding round was on Nov 24, 2017. Its latest funding round was a Grant (prize money) round on May 02, 2024 for $*****. 1 investor participated in its latest round. Nelumbo has 14 institutional investors.

Here is the list of recent funding rounds of Nelumbo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 02, 2024	7547406	Grant (prize money)	7606669	4531733	7533486	7571542
Apr 16, 2020	5782203	Series A	3246224	1347611	8083830	Safar Partners & 5 more
Nov 14, 2018	4581720	Series A	2625100	3758972	Berkeley Catalyst Fund	Danfoss & 2 more

Access funding benchmarks and valuations. Sign up today!

View details of Nelumbo's funding rounds and investors

Nelumbo's employee count trend

Nelumbo has 50 employees as of Aug 26. Here is Nelumbo's employee count trend over the years:

Uncover Nelumbo's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Nelumbo include actnano, NanoTech Materials and Europlasma. Here is the list of Top 10 competitors of Nelumbo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	actnano 2012, Cambridge (United States), Series C	Provider of nanocoatings for diversified applications	$85.2M	LIQUiDITY, BMW i Ventures & 13 others	51/100
2nd	NanoTech Materials 2019, Houston (United States), Series A	Provider of roof coating, fireproofing, insulation, and custom formulation	$43.7M	Ecliptic Capital, HPI Real Estate & 3 others	50/100
3rd	Europlasma 1993, Ghent (Belgium), Series B	Provider of manufacturing technology for nano-based thin films	-	Gimv, IWT & 2 others	48/100
4th	Nelumbo 2015, Hayward (United States), Acquired	Omniphobic nanocoating for air conditioners	$21.4M	Darwin Venture Management, California Energy Commission ... & 12 others	46/100
5th	Nanova 2015, Mumbai (India), Acquired	Manufacturer of nanotechnology-based coatings, paints, resins, and polymers for various applications	-	-	45/100
6th	Impermea Materials 2013, Framingham (United States), Unfunded	Provider of advanced materials for various industry solutions	-	-	45/100
7th	NBD Nanotechnology 2012, Boston (United States), Acquired	Provider of surface nanocoatings with diversified properties	$16.9M	BASF, Better Ventures & 13 others	44/100
8th	Dais 1993, Odessa (United States), Public	Provider of nanomaterial-based polymer solutions for improving air quality and water purification	-	Ravensbridge Capital, Defense.gov & 3 others	44/100
9th	Maxterial 2014, Richmond (United States), Series A	Provider of technology to modify the surface of a material to impart self cleaning and anti-fouling properties	$350K	Helios Climate Ventures, Dellin Investments ... & 7 others	43/100
10th	Applied Nano Surfaces 2007, Uppsala (Sweden), Acquired	Industrial thermal processing and coating technology for reducing friction	$1.75M	Fouriertransform, BASF & 5 others	41/100