Modumetal

What Modumetal does

Modumetal Inc. is a Delaware-incorporated, venture-backed materials technology company founded in 2006 and headquartered in Snohomish, Washington, with a European office in Bergisch Gladbach, Germany. The company develops, manufactures, and licenses nanolaminated alloy coatings produced through a proprietary electrochemical process in which parts are immersed in proprietary chemistry and a patented modulated electric field is applied to grow metallic alloy layers at nanometer-scale thickness. Its commercial product portfolio centers on three registered nanolaminate coatings—NanoGalv® (zinc-nickel), NanoPlex® (nickel-cobalt), and ModuGalv® (zinc-iron)—supported by the NanoPro® controller for automated production line integration, and is protected by an extensive granted patent portfolio in the US and internationally.

Modumetal serves industrial customers in automotive, oil & gas, defense & aerospace, renewables, infrastructure, and construction, with documented validation including automotive standard tests (PV-1209, ISO 16047, ASTM F519) and inclusion of NanoGalv in Oil & Gas and EPC customer specifications. The company historically operated a direct enterprise sales motion complemented by a quote-based, custom-pricing model; in May 2024 it divested its Houston automated production facility to Lamons, converting Lamons into the ModuCoatings division licensee and explicitly repositioning around a licensing-led, asset-light commercialization model with additional licensees (Sapucaia, Rollstud, Tristar Singapore, Tristar Middle East) carrying the global footprint.

The revenue model is anchored in licensing royalties from licensees that manufacture and distribute products using Modumetal's technology, alongside direct sales of nanolaminated coatings where Modumetal retains production. Strategic and financial investors have included BP Ventures, Chevron Technology Ventures, ConocoPhillips, Founders Fund, Severstal Ventures, Steel Dynamics, Vulcan Capital, Atlas Innovate, Rotor Capital, Golden Seeds, Hercules Capital, and Catamount Ventures, with the largest disclosed rounds being a 2015 round of approximately $33.5M led by Founders Fund, a 2021 offering of approximately $15M, a 2022 Series A-2 of $14M co-led by Atlas Innovate and Rotor Capital, and a 2023 offering of approximately $5.7M.

Name

Modumetal

Legal name

Modumetal Inc.

Website

http://www.modumetal.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Modumetal develops and licenses proprietary nanolaminated alloy coatings—NanoGalv®, NanoPlex®, and ModuGalv®—produced via electrochemical modulated electric-field processes, serving enterprise customers in oil & gas, automotive, defense & aerospace, renewables, infrastructure, and construction.

Ownership category

akta.pro rank

Product category

Advanced Nanolaminated Metal Coatings

NAICS

Paint and Coating Manufacturing (325510), Electroplating, Plating, Polishing, Anodizing, and Coloring (332813)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Industrial Protective Coatings (Steel/Concrete/Equipment) (IMAIAKAB)

akta.pro secondary industries

Industrial & Protective Coatings (IMAEAGAB), Electroplating & Metallization Chemicals (Cu/Ni/Au plating, additives) (IMAEAKAK)

Keywords

• Nanolaminated metal coatings
• Corrosion protection alloys
• Electrochemical nanolamination
• Advanced metal manufacturing
• Industrial coating licensing

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Nanolaminated Material Sales: Sale of proprietary nanolaminated coating products including NanoGalv®, NanoPlex®, and ModuGalv® to customers in automotive, oil & gas, defense/aerospace, renewables, infrastructure, and construction industries. Products are sold directly to enterprise customers and through licensees.
2. Licensing Royalties: Revenue generated from licensing agreements where licensees use Modumetal's technology to manufacture and sell nanolaminated products. Lamons operates the ModuCoatings division as a licensee, and additional licensees are established globally.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Modumetal develops, manufactures, and licenses advanced nanolaminated metal coatings — NanoGalv® (zinc-nickel), NanoPlex® (nickel-cobalt), and ModuGalv® (zinc-iron) — produced through a proprietary electrochemical nanolamination process that grows nanolayered alloys onto base materials. These coatings deliver superior corrosion resistance, wear resistance, and strength, extending asset life more than 10× compared to conventional coatings, and are sold directly to enterprise customers and through licensees serving automotive, oil & gas, defense/aerospace, renewables, infrastructure, and construction markets.

Product overview

Modumetal offers a portfolio of three commercial nanolaminated coating products—NanoGalv® (zinc-nickel), NanoPlex® (nickel-cobalt), and ModuGalv® (zinc-iron)—each targeting specific industry applications. NanoGalv® addresses corrosive and high-strength applications, NanoPlex® focuses on subsurface tubular and coupling protection, and ModuGalv® serves infrastructure needs. The company also developed NanoPro®, a proprietary controller system that enables automated production line integration and multi-line management. All products are manufactured using a patented electrochemical nanolamination process that grows nanolayered alloys onto base materials.

Differentiator

Problem solved

Functional benefit

Brands

• NanoGalv®: Zinc-nickel nanolaminate technology deployed for commercial use in corrosive service and high strength applications. A coating system designed for corrosive and high-strength applications, used as a drop-in replacement for cadmium, conventional galvanize, epoxy, and PTFE coatings.
• NanoPlex®
• ModuGalv®
• NanoPro®

Products and services

• NanoGalv® Zinc-nickel nanolaminate coating designed for corrosive and high-strength applications, serving as a drop-in replacement for cadmium, conventional galvanize, epoxy, and PTFE coatings. Used commercially in offshore platforms, coastal facilities, automotive frames, fasteners, connectors, and structural components requiring high strength and durability.
• NanoPlex® Nickel-cobalt nanolaminate coating designed for protecting industrial tubulars and couplings from wear and corrosion in subsurface applications. Deployed as an alternative to stainless steels to improve cost and performance for oil & gas subsurface tubulars and couplings.
• ModuGalv® Zinc-iron nanolaminate coating field-trialed for corrosion mitigation and extended service life in infrastructure-related applications such as guard railing, bridges, pipelines, and structural steel.
• NanoPro® Proprietary production controller that integrates Modumetal's nanolamination process seamlessly into customers' automated production lines, enabling management of multiple nanolamination lines from a single NanoPro® unit.
• Modumetal Nanolamination Technology Licensing Licensing of Modumetal's patented electrochemical nanolamination process and related NanoGalv®, NanoPlex®, and ModuGalv® product technology to qualified licensees (such as Lamons/ModuCoatings, Sapucaia, Rollstud, and Tristar) for global manufacturing and distribution.

Quantifiable outcome

• Asset life extension: more than 10 times compared to conventional coatings
• +3 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core and strategic.

• Lamons (ModuCoatings Division)coreOEM/ Whitelabel/ Licensing Partner · 1 May 2024Lamons purchased Modumetal's Houston production facility in May 2024 and now operates as ModuCoatings division licensee. This partnership has resulted in sales to the Oil & Gas industry doubling due to demanding offshore requirements. ModuCoatings is listed on the company's website as a key licensee.
• ModuCoatingscoreOEM/ Whitelabel/ Licensing PartnerModuCoatings (a division of Lamons) is a key licensee operating from the former Modumetal Houston facility, manufacturing and selling NanoGalv® products to the Oil & Gas industry.
• Additional LicenseesstrategicOEM/ Whitelabel/ Licensing PartnerModumetal has established additional licensees including moducoatings.com, sapucaia.com, rollstud.com, tristar.com.sg, and tristarmideast.tristar.com.sg that are poised for explosive growth in various markets.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Integran Technologies: Canadian nanolayered/nanostructured metal coating company that, like Modumetal, develops proprietary electrochemical processes to deposit nanocrystalline and nanolaminate alloys onto metal substrates for wear and corrosion protection in aerospace, defense, and oil & gas applications. Closest direct comparable in technology and target markets.

Emerging players

• Powdermet / MesoCoat: US-based advanced materials company offering nanocomposite and thermal spray coatings for corrosion, wear, and erosion protection in oil & gas, aerospace, and infrastructure. Overlaps with Modumetal in protective nanocoatings for industrial assets, though uses different deposition chemistry.

Broad incumbents

• Atotech (MKS Instruments): Global leader in specialty electroplating chemistry and surface finishing solutions serving automotive, electronics, and industrial markets. Competes broadly with Modumetal in functional metallic coatings, with vastly greater scale and global distribution.
• PPG Industries: One of the world's largest coatings manufacturers offering industrial protective, marine, automotive, and aerospace coatings. Represents the entrenched incumbent against whose conventional galvanize and epoxy products Modumetal's NanoGalv® competes as a drop-in replacement.
• Sherwin-Williams: Global coatings giant with extensive industrial protective coatings portfolio serving oil & gas, marine, infrastructure, and construction markets. Indirect competitor to Modumetal in protective coating specifications across Modumetal's target verticals.
• Axalta Coating Systems: Global coatings company focused on transportation (automotive OEM and refinish) and industrial applications. Competes with Modumetal in automotive corrosion protection and industrial coatings, with strong OEM relationships that influence specification decisions.
• MacDermid Enthone Electronics Solutions: Major supplier of metal finishing and electroplating chemistries for industrial and electronics applications. Directly competes with Modumetal's electrochemical nanolamination process in the broader surface treatment chemistry market.
• Henkel Adhesive Technologies: Global leader in adhesives, sealants, and functional coatings with industrial surface treatment offerings across automotive, aerospace, and metal processing. Competes with Modumetal's coatings as an alternative functional surface solution.

Regional players

• Nihon Parkerizing: Japan-headquartered global leader in metal surface treatment chemistry and corrosion-resistant coatings, primarily serving Asian automotive and industrial manufacturers. Comparable to Modumetal in electrochemical surface treatment but with strong regional concentration in Japan and Asia.

Others

• Lamons: Houston-based manufacturer of gaskets, stud bolts, and engineered sealing solutions for oil & gas and industrial markets. Acquired Modumetal's Houston production facility in May 2024 and operates the ModuCoatings licensee division. Functions as both customer and licensee of Modumetal.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/modumetal_inc
• LinkedInlinkedin.com/company/modumetal-inc-

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds13 records

Investors19 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modumetal