COTE Capital Announces 'IP Capital Fund' to Accelerate the Return of Advanced U.S. Manufacturing
NEW YORK, Jan. 5, 2023 /PRNewswire/ -- COTE Capital announced the launch of its $250 million IP Capital Fund with an initial investment of $50 million in Boston-based Nano-C to supply the capital needed to scale manufacturing capacity and operations to meet fast growing demand for Nanocarbon and its end product applications in high growth markets. This capital influx and expansion will position Nano-C to exceed $300 million in revenues by 2027 and put the company on track to reach a multibillion-dollar enterprise valuation.
- This capital influx and expansion will position Nano-C to exceed $300 million in revenues by 2027 and put the company on track to reach a multibillion-dollar enterprise valuation.
- "With Nano-C, we see how the application of Nanocarbon can revolutionize many Industries, drive greater efficiency, and, most importantly, play a pivotal role in reviving our manufacturing sector," said Robert Cote, Founder and CEO of COTE.
- COTE's investment in Nano-C is part of a broader Mission at COTE that includes investments of IP Capital in many other companies with breakthrough innovations that will enable the return of domestic manufacturing and reverse the effects of offshoring and short-termism.
- IP Capital is a simple, secure and cash flowing investment model, designed so that everyday investors can participate with COTE in changing the course of our nation.