#United States #Boston #Nanoramic #Neocarbonix #Top Material

Nanoramic Partners with Top Material for Asian Manufacturing Base

Nanoramic, Inc., a leader in advanced battery technology, has taken a significant step towards global commercialization by deepening its strategic partnership with Top Material Co., Ltd. This collaboration aims to establish a robust manufacturing base in South Korea for the production and distribution of Nanoramic's revolutionary Neocarbonix battery products.

In a recent announcement on August 27, 2025, Nanoramic revealed that Top Material is making a follow-on strategic equity investment, signifying their commitment to enhancing manufacturing capabilities in the region. This second investment by Top Material highlights the growing demand for Neocarbonix batteries, particularly in the Asian market.

Neocarbonix serves as a game-changer in the battery industry as it integrates seamlessly into existing manufacturing processes. The advantages offered by Neocarbonix include improved cost efficiency, increased energy density, enhanced power output, and rapid charging capabilities. Additionally, the use of this technology fosters sustainable manufacturing practices by eliminating the need for traditional, hazardous solvents like NMP (N-Methyl-2-pyrrolidone).

The collaboration comes at a time when Nanoramic is experiencing significant growth. The company has expanded its operations, recently inaugurating a new 40,000-square-foot headquarters located in Woburn, Massachusetts, which has already commenced commercial operations. Driven by a $44 million funding round—co-led by General Motors Ventures and Catalus Capital, with investments from Samsung Ventures—Nanoramic is poised for accelerated progress in the global marketplace.

John Cooley, the Founder and CEO of Nanoramic, stated, "This expanded partnership with Top Material is essential for our efforts in global commercialization. Establishing a manufacturing footprint in Asia allows us to better serve our growing customer base globally. The trust and investment from Top Material enhances our capabilities and offers a reliable pathway for our partners to adopt our technology."

Whan Jin Roh, the Founder and CEO of Top Material, commented on the strategic partnership, highlighting its importance in creating a dependable manufacturing base in South Korea while propelling the expansion of Neocarbonix technology across global markets. With extensive experience in large-scale battery engineering and advanced materials, Top Material’s collaboration is expected to solidify the global supply chain and expedite the introduction of next-generation battery technologies to market.

Nanoramic, founded in 2009 from MIT, has positioned itself at the forefront of energy storage through its innovative electrode technology, Neocarbonix. This technology is set to revolutionize energy storage in various battery applications, boosting energy capacity while minimizing costs and environmental impact. The company's commitment to sustainability aligns with its partnerships with major automakers, consumer electronics firms, and battery manufacturers, all geared towards the commercialization of batteries utilizing Neocarbonix at their core.

Top Material, established in 2012 and listed on the Korea Exchange, excels in engineering and advanced materials solutions tailored for rechargeable batteries. The company specializes in comprehensive system engineering, from research and development pilot lines to full-scale gigafactories. Top Material is renowned for its development of next-generation cathode materials that comply with eco-friendly practices and global regulations, supporting its mission to innovate in electrode manufacturing and smart factory engineering.

The alliance between Nanoramic and Top Material represents a significant milestone in the quest for advanced, sustainable battery solutions in the energy storage market. As both companies continue to expand their capabilities and reach, this partnership is set to transform the landscape of battery technology on a global stage.