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Advanced materials company using open-air atomic layer deposition technology.
Nfinite Nanotech develops ultra-high barrier, fully recyclable paper packaging, directly replacing multilayer plastics. It leverages advanced materials science, combining water-based dispersion coatings with a proprietary Spatial Atomic Layer Deposition (SALD) process. This technology applies an invisible, ultra-thin ceramic oxide layer, providing superior moisture, oxygen, and grease barrier to paper for printability, sealability, and high-speed line compatibility.
Founded by Dr. Kevin Musselman, Nfinite Nanotech spun out of the Functional Nanomaterials Lab at the University of Waterloo. A pioneer in Spatial Atomic Layer Deposition, Dr. Musselman dedicated decades to SALD research. His insight was translating this proven nanotechnology from academic development into industrial packaging, forming Nfinite Nanotech to commercialize sustainable solutions.
Nfinite Nanotech supplies barrier-coated paper to downstream converters in the flexible packaging industry. Its products integrate seamlessly into existing high-speed lines, offering a direct, sustainable alternative to plastic films. The company envisions significantly reducing global plastic pollution and packaging's carbon footprint, aiming for a future of fully curbside recyclable packaging.
Nfinite Nanotech has raised $12.3M across 3 funding rounds.
Nfinite Nanotech has raised $12.3M in total across 3 funding rounds.
Nfinite Nanotech has raised $12.3M in total across 3 funding rounds.
Nfinite Nanotech's investors include Michael Kleindl, Paula Puzzi, FTW Ventures, MaRS IAF, Next Generation Manufacturing Canada, Overlay Capital, Ponderosa Ventures, Republic Capital, Cantos Ventures, Austin Walters.
Nfinite Nanotech is an advanced materials company developing smart nanocoatings that enhance the barrier properties of recyclable and compostable packaging, extending product shelf life while reducing plastic waste.[1][2][4] Founded in 2021 and based in Waterloo, Canada, it serves consumer packaged goods (CPG) companies and packaging manufacturers like PepsiCo and Amcor, addressing the challenge of sustainable packaging that maintains freshness without relying on traditional plastics.[1][2][5] The company has raised approximately $7.87M, operates at the incubator/accelerator stage, and is building roll-to-roll nanocoating systems for in-line integration at client facilities, showing strong early momentum through partnerships and proof-of-concept projects.[1][5]
Nfinite Nanotech was founded in 2021 by Jhi Yong Loke (CTO and co-founder), Kevin Musselman (scientific advisor and co-founder), and Miguel Galvez (CEO).[4] The idea emerged from collaborative research on a novel nanocoating technology initially applicable to batteries, solar cells, semiconductors, and membranes, which the team realized could solve packaging's key pain point: creating thin, flexible, high-barrier materials for food freshness.[1] After engaging over 100 brand owners and experts, they pivoted to sustainable packaging, launching the company to commercialize rapid, open-air nanocoating systems that produce ultrathin films at up to 100x the speed of conventional methods and lower cost.[1][3] Early traction includes incubator support and a 2023 joint research agreement with Amcor to validate coatings on recyclable and compostable materials.[5]
Nfinite Nanotech rides the global push toward circular economy packaging amid rising regulations on plastic waste and consumer demand for eco-friendly alternatives.[1][2] Its timing aligns with market forces like EU single-use plastic bans and CPG giants' net-zero pledges, where traditional plastics fail to balance sustainability with performance—nanocoatings bridge this by making paper-based or bioplastic packaging viable for high-moisture goods.[1][5] By partnering with leaders like Amcor, it influences the ecosystem, accelerating adoption of compostable solutions in a $400B+ packaging market and reducing the 40% of plastics used in food packaging that ends up as waste.[2][4]
Nfinite Nanotech is poised to scale its roll-to-roll systems into commercial production, potentially capturing share in sustainable packaging as CPG transitions accelerate.[2] Trends like AI-optimized manufacturing and policy-driven plastic reduction will shape its path, with partnerships expanding to more converters and brands.[5] Its influence could evolve from niche innovator to industry enabler, redefining packaging norms and slashing waste—if it navigates scaling costs and regulatory validations successfully—ultimately making all packaging compostable as promised.[4] This positions it as a key player in the race to eliminate plastic from shelves.
Nfinite Nanotech has raised $12.3M across 3 funding rounds. Most recently, it raised $2.8M Other Equity in December 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 29, 2025 | $2.8M Other Equity | ||
| May 14, 2024 | $6.5M Seed | Michael Kleindl | Paula Puzzi, FTW Ventures, MaRS IAF, Next Generation Manufacturing Canada, Overlay Capital, Ponderosa Ventures, Republic Capital |
| Sep 1, 2021 | $3.0M Seed | Cantos Ventures, FTW Ventures, Austin Walters |