PORTFOLIO

PORTFOLIO COMPANIES

Nelumbo, Inc.

  • Chief Executive Officer:
    Liam Berryman
  • Chief Technology Officer:
    Lance Brockway

URL:https://www.nelumbo.io/

COMPANY PROFILE

Materials innovation to enable the best products in energy, environment, and entertainment.

With a multi-layered, tunable, and scalable suite of surface modifications, Nelumbo provides solutions that meet the demands of a plethora of customers and markets. The company has thoroughly proven superior fluid and corrosion control and continues to develop new opportunities for its customers.

COMPANY STORY

Origin

Nelumbo was started from international research collaboration on materials between UC Berkeley and Nanyang Technological University in Singapore. Its UC Berkeley founders possess strong experience in this field and aim to promote broad adoption of material science as a means of delivering value to society. Nelumbo CEO Berryman is a Thiel Fellow and was selected in the Forbes 30 under 30 list for the energy sector. CTO Brockway was a US Department of Energy Entrepreneurial Fellow and had experience in the Lawrence Berkeley National Lab and the NASA Jet Propulsion Lab. Meanwhile Engineering SVP Walther was also a DOE Entrepreneurial Fellow and is well-published in this field.

Strength

Nelumbo possesses a unique, innovative platform technology in material science and an excellent team that leverages this technology to provide value. Nelumbo’s business model allows them to jointly develop and share the benefits of superior technology and manufacturing with their customers.

UTEC’s value add

Heating Ventilation Air Conditioning and Refrigeration (HVAC-R) is the beachhead market for Nelumbo’s technology platform. Four Japanese companies are ranked in the top 10 HVAC-R manufacturers while Japan is ranked second, after China in terms of customer market. UTEC assists Nelumbo in building a team and expanding its business in Asia, especially Japan.
  • Cofounders Dave Walther, Ph.D., Liam Berryman, and Lance Brockway, Ph.D.

  • Applicable industries

  • Artist’s Impression