Toro Ventures makes a strategic investment in leading Israeli nanotechnology company, SP Nano. SP Nano also announces appointment of new Directors.
Madrid, Spain – October 9, 2017 – Toro Ventures is delighted to announce a strategic investment in the $2.5 million financing round of SP Nano Ltd, a world leader in innovative nanotechnology for enhanced composite materials. Existing investors, Docor International, Consolidated Investment Group and iVentures Asia also participated in this round.
In addition to its investment, Toro will provide additional support via technical and laboratory services as well as taking an active role in promoting SP Nano’s unique reinforcement technology in the European market, leveraging its vast local knowledge and relationships. Mr Erez Maor, Managing Director of Toro Ventures, will also join SP Nano’s Board of Directors.
“We are delighted to lead this investment round in SP Nano, marking our first significant investment in Israel. As the world’s most innovative technology used to disperse and bind nanoparticles in composite materials using a protein. TheSP1 technology is proven to improve the properties of fabric-resin composite parts to create stronger and lighter parts, at an affordable price. We see numerous applications for SP Nano technologies and have a strategic plan to assist with scaling R&D and commercial activities in the European region, in line with our core expertise.” said Mr. Maor.
In addition to the financing, SP Nano is pleased to announce two senior appointments including Mr. Jon Lippin Director and Mr. Alex Furth as Director and both will provide Senior Advisory roles. Each has over 30 years’ experience working closely with industrial manufacturers in the production and high tech industries, textile industry with Mr. Lippin serving in multiple senior management roles with Honeywell International, in charge of a US$1 billion revenue unit, while Mr. Furth founded several companies and held senior roles with Rohm and Haas Company (acquired by Dow Chemical) and Sudamtex Group. Mr. Furth is also a member of the Georgia Tech Advisory Board in the Department of Polymers, Textile, and Fibers Engineering.
“SP Nano is excited to have the strategic investment and business partnership with TV with its more than a decade of experience bringing new products and technologies to market. This is an important step in the journey for SP Nano to become the leading material reinforcement solution in the composites materials market” said Mr. Lippin.
About Toro Ventures (TV):
Established in 2015, Toro Ventures provides financial advisory, strategic investment and business consultancy services to clients from a wide range of industries in Europe. TV is actively looking into new investment and business partnerships with other technology companies.
About SP Nano Ltd:
Established in 2007, SP Nano is a nanotechnology company commercializing the use of nanoparticles in key markets such as Composite Materials, Mechanical Rubber Goods, Adhesives, Resins and Conductive Textiles. SP Nano’s proprietary SP1 technology is the only natural solution, i.e. non-toxic and resilience superior to existing chemicals solutions and with the potential to significantly improve adhesion between layers of substrates such as carbon/glass fiber and aramid. These qualities improve performance of properties of material, lowering manufacturing costs and creating stronger and lighter parts. From its headquarters in Israel, SP Nano is working in close cooperation with a number of leading multinational companies to develop a range of innovative new commercial products for various end-markets including aerospace, construction, transportation, marine, wind energy and sports equipment..
For more information on SP Nano’s innovative SP1 reinforcement technology please visit: http://www.spnano.com/
For more information please contact:
Mr. Erez Maor, Managing Director, Toro Ventures Ltd.
erez.maor@toroventures.com
Tel: +34 687 46 15 17
Mr. Jon Lippin, Director, SP Nano Ltd.
jon.l@spnano.com
Tel: +1 917 830 3577
SP Nano Invited to Present Nano engineered Composites at the European Materials & Industry Venture Forum 2017
January 18, 2017, Yavne, Israel –– SP Nano Ltd, a world leader in innovative nanotechnology for composite materials, and enhanced textiles announced today that it will present on the 8th and 9th of February 2017. The European Materials & Industry Venture Forum (EMIVF) will take place in the Belgian city of Ghent and will have representation from strong global materials and industrial companies scouting new technology companies to partners and invests with.
About SP Nano Ltd:
Established in 2007, SP Nano is a nanotechnology company commercializing the use of nanoparticles in the rapidly growing $106 billion composites market (Source: JEC Composites). The composites market includes raw materials such as carbon/glass fiber and aramid, and is commonly used in industries such as aerospace, construction, transport and marine, wind energy and sports equipment. Fulcrum’s proprietary SP1/CNT technology can significantly improve the performance properties of composites; enabling cost-effective manufacture of stronger and lighter parts. From its headquarters and pilot plant in Israel, Fulcrum is working in close cooperation with a number of leading multinational companies to develop a range of innovative new commercial products for various end-markets.
For more information please contact:
Jon Lippin, CEO, SP Nano Ltd
Jon.L@spnano.com
T: +972 8 946 0262, M: +917 830 3577
Press Release
SP Nano Presents at the International Symposium on Nanoengineered Composites
SP1-coated carbon fiber shown to lead to significant improvements
in the interfacial properties of PAN/Phenolic-composites
July 16, 2015, Yavne, Israel –– SP Nano Ltd, a world leader in innovative nanotechnology for enhanced textiles and composite materials, announced today that it will present its findings at the International Symposium on Nanoengineered Composites, July 15-17in Roskilde, Denmark.
The symposium will bring together specialists in the areas of materials mechanics and composite manufacturing and development to discuss new frontiers in advanced materials for energy and structural applications, including hybrid, hierarchical, and nano-, graphene and CNT reinforced composites.
In its paper titled Improved Interfacial Properties of PAN/Phenolic-Composites by Coating of Carbon Fabric with SP1/CNT Complex, SP Nano details the significant benefits in both interlaminar and through-thickness tensile strength from combining its SP1 protein together with carbon nanotubes (CNT) in the reinforcement of carbon fiber.
“Our SP1 technology has shown to be remarkably versatile across a range of structural fabrics and resins commonly used in the composites market,” said SP Nano CEO Eyal Shpilberg. “Our PAN/Phenolic solution is already being tested by customers and we will continue to look for more partners to take this innovative solution to the market.”
In addition to its performance in composites, SP Nano is also making significant progress in the Mechanical Rubber Goods (MRG) market and recently completed its second successful industrial tests in Turkey using polyester yarn. The benefits of SP1 technology in the MRG market relate both to the elimination of Resorcinol Formaldehyde Latex (RFL) and the improvements to the yarn weight and flexibility.
About SP Nano Ltd.
SP Nano is the developer of SP1, a revolutionary nano-reinforcement protein agent that will transform the composite materials and rubber industries by enabling the production of lighter, stronger and sustainable parts. Established in 2007, SP Nano is commercializing the use of carbon-based nanoparticles in the rapidly growing $152 billion US mechanical rubber goods (MRG) and $90 billion US composites markets. These markets includes raw materials such as carbon/glass fiber and aramid, and are commonly used in industries such as aerospace, construction, automotive and marine, wind energy and sports equipment. SP Nano’s proprietary SP1 technology can significantly improve the performance properties of composites, enabling cost-effective manufacturing of stronger, lighter parts. From its headquarters in Israel, SP Nano is working in close cooperation with a number of leading multinational companies to develop a range of innovative new commercial products for various end-markets.
For more information on SP Nano’s innovative SP1 technology, visit www.spano.com.
For more information please contact:
Jon Lippin, CEO, SP Nano Ltd
Jon.L@spnano.com
T: +972 8 946 0262, M: +917 830 3577
Press Release
SP Nano Receives BIRD Foundation Grant for graphene enhanced carbon fiber sizing
This grant comes after successful industrial coating tests ahead of first commercial sales to the MRG market
Yavne, Israel – July 9, 2015 – SP Nano Ltd, a world leader in innovative nanotechnology for enhanced textiles and composite materials, announced today that it has received US$850,000 in grant funding from the US-Israel Bi-national Industrial Research & Development (BIRD) Foundation to develop a system for graphene enhanced carbon fiber sizing with its USA based partner, Graphene Technologies, Inc. (Novato, CA).
Eyal Shpilberg, CEO of SP Nano commented on the BIRD Foundation project, “This is a clear recognition of the breadth of our SP1 technology as we will begin work on a new substrate, graphene, which has a number of very exciting industrial applications”.
Dr. Eitan Yudilevich, Executive Director of the BIRD Foundation, said: “The BIRD Foundation continues in its tradition of promoting joint projects between U.S. and Israeli companies which are multidisciplinary in nature and contain a high level of innovation and knowledge. The Foundation initiates diverse activities to promote partnerships in new areas which are of great importance to both countries.”
SP Nano are also happy to update that it successfully coated an industrial quantity of polyester yarn with its SP1 solution for rubber reinforcement, which took place inside the international facility of a large textile company. The initial indications are that SP1 can replace Resorcinol Formaldehyde Latex (RFL), the toxic additive commonly used today, and has additional improvements to the yarn both in weight and flexibility. The coated yarn will be tested in the next few weeks by various international end customers, which will be the last milestone before commencing initial commercial sales.
About SP Nano Ltd.:
SP Nano is the developer of SP1 – a revolutionary nano-reinforcement protein agent that will transform the composite materials and rubber industries by enabling the production of lighter, stronger and sustainable parts. SP Nano was established in 2007 is commercializing the use of carbon-based nanoparticles in the rapidly growing €140 billion mechanical rubber goods (MRG) and €84 billion composites markets. These markets includes raw materials such as carbon/glass fiber and aramid, and are commonly used in industries such as aerospace, construction, automotive and marine, wind energy and sports equipment. SP Nano’s proprietary SP1 technology can significantly improve the performance properties of composites; enabling cost-effective manufacture of stronger and lighter parts. From its headquarters in Israel, SP Nano is working in close cooperation with a number of leading multinational companies to develop a range of innovative new commercial products for various end-markets.
About the BIRD Foundation
The BIRD (Binational Industrial Research and Development) Foundation works to encourage and facilitate cooperation between U.S. and Israeli companies in a wide range of technology sectors and offers funding to selected projects. BIRD has approved over 900 projects over its 38 year history. To date, BIRD’s total investment in these projects has been over $300 million and has received approximately $100 million in repayments. BIRD funded projects have generated direct and indirect sales of approximately $10 billion.
The BIRD Foundation provides support of up to 50% of a project’s budget, or up to $1 million, beginning with R&D and ending with the initial stages of sales and marketing. The Foundation supports projects without receiving any rights in the participating companies or in the project itself. The Foundation shares the risk and requires the investment to be repaid only if the project reaches the sales stage.
For more information please contact:
Jon Lippin, CEO, SP Nano Ltd
Jon.L@spnano.com
T: +972 8 946 0262, M: +917 830 3577
For more information on SP Nano’s innovative SP1 technology please visit: http://www.spnano.com/
Fulcrum SP Materials Ltd., an Israeli startup using nanotechnology to create stronger yet lighter materials for applications in aerospace, law enforcement, wind power and more, raised $2 million of funds and named a new chief executive Read More…
SP Nano delivers substantial improvements in interfacial properties of PAN/phenolic-composites by coating fabric with carbon nanotubes using its SP1 protein
Rehovot, Israel – March 4, 2014 – SP Nano Ltd, a world leader in innovative nano-technology for enhanced composite materials, today introduced its SP1/CNT reinforcement solution for PAN/phenolic composites. Fulcrum has demonstrated that flat-wise tensile strength more than doubles, and inter-laminar shear strength increases significantly, while preserving overall composite strength. These improvements were achieved using small amounts of Fulcrum’s proprietary SP1/CNT complex (0.2%-0.3% by weight of the PAN fabric).
This breakthrough technology in phenolic resins creates opportunities for customers to implement superior nano-reinforced phenolic-based composites and to introduce PAN/Phenolic-based composites for multiple new uses and applications, such as thermal aerospace applications.
“Our customers can now introduce PAN/phenolic composites to demanding aerospace applications and by using Fulcrum’s proprietary SP1/CNT technology, can achieve greater performance of their composite parts at an affordable cost. This segment of our business is growing constantly and we will be expanding our offering of such solutions in the near future”, said Nimrod Litvak, Fulcrum’s CEO.
SP Nano will be presenting at the JEC Europe 2014 during 11-13 March, at booth Q77 in Pavilion 7.2.
About SP Nano Ltd:
Established in 2007, SP Nano is a nanotechnology company commercializing the use of nanoparticles in the rapidly growing $106 billion composites market (Source: JEC Composites). The composites market includes raw materials such as carbon/glass fiber and aramid, and is commonly used in industries such as aerospace, construction, transport and marine, wind energy and sports equipment. Fulcrum’s proprietary SP1/CNT technology can significantly improve the performance properties of composites; enabling cost-effective manufacture of stronger and lighter parts. From its headquarters and pilot plant in Israel, Fulcrum is working in close cooperation with a number of leading multinational companies to develop a range of innovative new commercial products for various end-markets.
For more information please contact:
Jon Lippin, CEO, SP Nano Ltd
Jon.L@spnano.com
T: +972 8 946 0262, M: +917 830 3577
Gideon Rossman, VP Business Development & Marketing, Fulcrum SP Materials Ltd gideon.r@fulcrumsp.com
T: +972 8 946-0262, M: +972 52 302-0229
For more information on SP Nano’s innovative SP1/CNT technology please visit: http://www.spnano.com
Fulcrum SP Materials SP1/CNT Increases Dramatically GRP-Epoxy Composites Toughness
Fulcrum delivers substantial improvements in interfacial properties of Fiberglass – Epoxy composites by coating fabric with carbon nanotubes using its SP1 protein
Rehovot, Israel – February 11, 2014 – Fulcrum SP Materials Ltd, a world leader in innovative nanotechnology for enhanced composite materials, today introduced its SP1/CNT reinforcement solution for fiberglass and epoxy composites. Using nano-technology and specifically Carbon Nano-Tubes, Fulcrum’s solution increases the toughness of such composites by at least 30% without affecting the overall strength. Fulcrum’s technology enables customers to introduce Glass/Epoxy composites to much demanding applications, keeping affordable costs.
Customers have already deployed successfully Fulcrum’s SP1/CNT reinforcement solutions in the aerospace market, realizing the commercialized scale and advantages of nano-technology in composites.
“Our unique SP1/CNT technology, which combines biotech and nano-technology, implemented for mass production in standard textile dyeing machines, enables us to provide our customers with a wide variety of solutions, tailored for their specific needs. We are very satisfied with our customers’ feedback and cooperation in introducing our SP1/CNT complex for their products. We encourage companies to contact us in order to collaborate in working on their specific needs“, said Nimrod Litvak, Fulcrum’s CEO.
About Fulcrum SP Materials Ltd:
Established in 2007, Fulcrum SP Materials is a nanotechnology company commercializing the use of nanoparticles in the rapidly growing €83 billion composites market (Source: JEC Composites). The composites market includes raw materials such as carbon/glass fibers and aramid. Composites are commonly used in industries such as aerospace, construction, transport and marine, wind energy and sports equipment. Fulcrum’s proprietary SP1/CNT technology can significantly improve the performance properties of composites; enabling cost-effective manufacture of stronger and lighter parts. From its headquarters in Israel, Fulcrum is working in close cooperation with a number of leading multinational companies to develop a range of improved and innovative new commercial products for various end-markets.
For more information please contact:
Jon Lippin, CEO, SP Nano Ltd
Jon.L@spnano.com
T: +972 8 946 0262, M: +917 830 3577
For more information on Fulcrum’s innovative SP1/CNT technology please visit: http://www.spnano.com
