BNNano

BNNano

Early Stage

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

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

Overview

Raised to Date: Raised: $212,374

Total Commitments ($USD)

Platform

Netcapital

Start Date

08/28/2022

Close Date

02/28/2023

Min. Goal
$10,001
Max. Goal
$3,000,002
Min. Investment

$99

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.87

Pre-Money Valuation

$23,700,672

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/04/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,161

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2016

Industry

Industrial Services

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Location

Burlington, North Carolina

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: 08/28/2022
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 02/27/2023 Netcapital $23,700,672 $212,374 Equity - Common Funded RegCF
BNNano 07/30/2021 Netcapital $20,102,381 $1,069,997 Equity - Common Funded RegCF
BNNano 03/06/2021 Netcapital $21,077,703 $0 Equity - Common Funded Test the Waters
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

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.

Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
BNNano on NetCapital 2022
Platform: Netcapital
Security Type: Equity - Common
Valuation: $23,700,672
Price per Share: $1.87

Follow company

Follow BNNano on NetCapital 2022

Buy BNNano's Deal Report

Warning: according to the close date for this deal, BNNano may no longer be accepting investments.

BNNano Deal Report

Get KingsCrowd’s comprehensive report on BNNano including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether BNNano is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise
  • Our deep-dive analyst report reviewing the deal's investment potential and bullish vs. bearish outlook

Buy the BNNano deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge