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NxLite completes $13.1M Series A financing, with a $3.5M debt facility from RSF Social Finance. The round was led by Crabtree Lane Alt, LLC, signaling strong investor confidence in the company's technology and manufacturing capabilities.

PRIVATEJul 16, 20262 months ago

Amount Raised

$13.1 Million

Round Type

Series A

TorontoManufacturingEnergyRenewable Energybuilding materials

Investors

Act Venture PartnersNew Climate VenturesMuusEarth FoundryVo Lo Earth VenturesCrabtree Lane Alt, LLC

Description

NxLite, a manufacturer of energy-efficient coatings, announces the final close of its Series A financing totaling $13.1 million, exceeding its target. Alongside this, the company secured a $3.5 million debt facility from RSF Social Finance. The round attracted new and existing investors, showcasing their commitment to NxLite's growth. The appointment of Erin Sawyer to the board signals a strengthened leadership to support the company's increasing manufacturing capacity.

Company Information

Company

NxLite

Location

270 The Kingsway

Toronto, Ontario, Canada

About

NxLite™ (pronounced "next light") is bringing air-stable, energy-efficient, lightweight glass and glass-like solutions to the world. Our proprietary permanent, low-emissivity coatings—applicable to both glass and polymeric substrates—uniquely reduce energy consumption while cutting weight compared to conventional alternatives. Partnering with leaders in the window industry, commercial refrigeration, transportation, and beyond, NxLite is scaling this breakthrough technology for global impact. Recognized in the prestigious 2024 Cleantech 50 to Watch, NxLite combines world-class expertise in materials science and advanced manufacturing with backing from premier investors to drive innovation in sustainable materials.

Fundz sees it the moment NxLite raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsJose, Chief Technology OfficerSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for NxLite's next move

See what Strategic adds

Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

NxLite raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.