NuMat Technologies Closes $12.4M Funding Round

Advanced manufacturing is getting a big boost with a new round of investment in NuMat Technologies, which is creating intelligently engineered systems through the integration of programmable nanomaterials. Closing a $12.4 million financing round led by OS Fund, with participation by Osage University Partners, Tin Shed Ventures (Patagonia’s strategic investment arm), and other existing investors, NuMat is poised to expand the global reach of its molecularly engineered products platform to Europe, East Asia and beyond.

“We’re thrilled to partner with OS Fund and Osage University Partners to realize NuMat’s vision of commercializing molecularly engineered products that enable paradigm shifts in how we create and use resources,” said Benjamin Hernandez, NuMat’s co-founder and CEO. “These investments allow NuMat to solidify its technology leadership position as an integrator of choice for metal-organic frameworks. We’re proud to be a U.S. Midwestern company manufacturing IP-intensive products for global markets.”