GLASS STARTUP NODIS RAISES $500K IN PRE SERIES A FUNDRAISE
Columbus, Ohio – NODIS, a smart glass company based in Columbus, recently closed a $500K Pre Series A fundraising round led by IDG Capital with Get2Volume participating. This capital investment enables initial manufacturing capabilities and pilot production line in Columbus, OH. According to Founder and CEO Dr. Sergey Shokhor, this funding “helps us establish manufacturing capability as we anticipate volume manufacturing of our smart glass solution with glass manufacturer customers”.
Singapore-founded NODIS is a smart glass technology company, which relocated to Columbus, Ohio in June of this year. NODIS produces the world’s most advanced smart glass technology, TruTint, which allows users to change the color, infrared and tint of glass instantly. This solution is used by glass manufacturers to produce smart glass for the automobile and building industries. Created to offset the environmental impact of large buildings (which account for more than 40% of cities’ carbon emissions), NODIS is “passionate about addressing climate change and all its damaging impacts” says Dr. Shokhor.
NODIS will raise Series A funds by the end of the year, which will further aid in building manufacturing capabilities, developing new products and scale manufacturing as NODIS brings in new customers.
IDG Capital, based in New York and with offices and reach around the world, invested in NODIS. “iDG is excited to be investing in Nodis, a leader in smart glass technology,” said Adam Harrington, President of Intellectual Digital Group. “Smart Glass is a critical need in creating energy-efficient environments that impacts residential and commercial buildings. Nodis’ smart glass approach can be applied in many additional categories such as the automobile industry – uniquely addressing cost, color and infrared control in windows. This is a rapidly growing market that Nodis and IDG expect to play a big role in”.
Founded in Singapore in 2015, NODIS’ TruTint smart glass technology is transforming windows, giving people the ability to change the tint, color, and temperature characteristics of windows instantly. NODIS provides glass companies with the technology to transform their glass into a smart glass with the only color, tint, and infrared switchable smart glass technology.
For more information, visit www.nodiscorp.com.
IDG Capital is a leading investment firm, focusing on developing extraordinary companies through their expertise in private equity, venture capital, and mergers and acquisitions.
For more information visit https://www.intellectualdigital.io/