CHASM Advanced Materials, Inc., the inventor of nanotube hybrids – a new category of advanced materials, recently announced the completion of a $15M series C financing round led by WAVE Equity Partners, a Boston based private equity firm investing in clean energy, food, water, and materials companies with proven transformational technologies; joined by Birla Carbon, a leading global manufacturer and supplier of carbon solutions, as well as SWM International, a leading global performance materials company.

Nextiles (Brooklyn, New York), a leader in smart fabric technology, expands its modular data capture platform by partnering with technology and women’s health brand Lilu to bring the next level of breast pumping technology to new mothers. Nextiles works with partners across a range of industries to develop personalised, fabric-based sensors to power clothing for consumers’ everyday needs. The two National Science Foundation (NSF)-backed companies have joined forces as part of a larger initiative during National Breastfeeding Month to spread awareness of the mental and physical challenges new moms endure. To help with this mission, the companies are using Lilu’s advanced breast pumping massage bra and integrating Nextiles’ sensor technology to create novel performance data for new mothers and the broader healthcare industry.