BNNano

Early Stage

BNNano leverages cutting edge materials science innovation to transform, revitalize, revolutionize, and add value to industrial commodities.

Analytics

Raised to Date: Raised: $94,448

Aggregate Commitments $

Platform

Netcapital

Start Date

08/29/2022

Close Date

01/06/2023

Min. Goal

$10,001

Max. Goal

$3,000,002

Min. Investment

$99

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$1.87

Pre-Money Valuation

$23,700,672

Rolling Commitments $

Status

Active

Reporting Date

12/09/2022

Days Remaining

28

% of Min. Goal

944%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$926

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Burlington, North Carolina

Industry

Industrial Services

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Business Type

Growth

BNNano, with a valuation of $23.7 million, is raising funds on NetCapital. It is an advanced manufacturing company that has developed a patent-pending Boron Nitride Nanotube, NanoBarb. NanoBarb is added to commodities to improve a material’s natural properties and make it extraordinary. BNNano’s product has received several awards and includes customers like NASA, United States Navy, Kairos, and True Velocity. Steve Wilcenski and Jason Taylor founded BNNano in December 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3,000,002. The campaign proceeds will be used for facilities improvements, product development, sales and marketing, research and development, and capital equipment.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$112,114

$64,551

COGS

$34,968

$79,279

Tax

$-5,790

$-5,499

 

 

Net Income

$-956,926

$-868,013

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$417,308

$82,794

Accounts Receivable

$0

$0

Total Assets

$536,693

$188,848

Short-Term Debt

$0

$0

Long-Term Debt

$1,465,000

$1,509,868

Total Liabilities

$1,465,000

$1,509,868

Financials as of: 08/29/2022
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
BNNano 01/06/2023 Netcapital $23,700,672 $94,448 Equity - Common Active RegCF
BNNano 07/31/2021 Netcapital $20,102,381 $1,069,997 Equity - Common Funded RegCF
BNNano 03/07/2021 Netcapital $21,077,703 $0 Equity - Common Funded Test the Waters
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Analyst Report Analyst Report Methodology Article

BNNano has developed a material that’s lightweight, yet strong as steel. It gives aluminum the strength of steel and polyester the strength of kevlar. It can be used for fire prevention, water purification, biomedical purposes, hypersonic flight, green energy, and new composites that challenge our ideas on what materials can do. And BNNano is the only company that’s been able to commercialize it.

Upgrade to view full report

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
BNNano on NetCapital 2022
$
Platform: Netcapital
Security Type: Equity - Common
Valuation: $23,700,672
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

Follow company

Follow BNNano on NetCapital 2022
View on Netcapital
Bullish / Bearish
You're Bullish on BNNano on NetCapital 2022

Thank you for your vote on BNNano on NetCapital 2022

Bullish / Bearish
You're Bearish on BNNano on NetCapital 2022

Thank you for your vote on BNNano on NetCapital 2022