Providence Business News Recognizes NanoSteel’s Latest Equity Round
- February 14, 2017
NanoSteel Closes $15M Equity Round, by Eli Sherman
PROVIDENCE – NanoSteel Company Inc., an advanced materials firm, recently closed a multimillion dollar equity round, opening the door for commercialization of its high-strength, lightweight sheet steel.
NanoSteel, founded in 2002, is a private company that designs and commercializes patented steels. Its current focus are lightweight sheet steel for the auto industry and metal powders for 3D printing. The company, based in Providence, didn’t immediately disclose financial details related to the round, but a federal filing shows the company raised at least $15 million.
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