Advanced Diamond Technologies develops and manufactures UNCD®, a patented nanocrystalline diamond thin-film designed to enhance performance across industrial, electronic, and water-treatment applications. Its UNCD products include bearings that prevent dry-running failures in pharmaceutical mixers, electrodes claimed to reduce potable water disinfection costs by at least a factor of ten, and UNCD-based high-power wireless broadband chips that are smaller, faster, and cheaper to mass-produce. The company positions its three primary product families in markets it describes as being in the billions of dollars and emphasizes that UNCD makes diamond an affordable engineering material. ADT closed a $5.2 million Series D and says the proceeds will be used to grow sales and to invest in sales, marketing, and business development, or to position segments of the business for acquisition. Management frames the round as accelerating the business after transitioning from a start-up into an internationally recognized manufacturer of award-winning diamond-enabled products. The company is based in Romeoville, Ill., and highlights multiple industry awards and recognition, including several R&D 100 Awards and World Economic Forum Technology Pioneer status.

Total raised

$5M

Funding rounds

1

Latest round

Series D

Latest activity

Jul 2011